Positive Results of SIFC’s Economic Reforms: Strong Progress in Exports and Trade

The Special Investment Facilitation Council’s (SIFC) economic and trade strategy has achieved a historic milestone in Pakistan’s export growth. This increase represents a significant step toward boosting foreign exchange earnings, creating wider employment opportunities, and achieving economic independence.

In January, Pakistan’s exports crossed the historic milestone of $3 billion for the first time. According to data from the Pakistan Bureau of Statistics, this record increase in exports, coupled with a significant decline in imports, has effectively narrowed the trade deficit. Specifically, January exports reached $3 billion, while imports declined to approximately $5.5 billion. This reflects a 35% monthly growth in exports and a 5% decrease in imports.

For the first seven months of the fiscal year, overall exports were recorded at $18 billion against $40 billion in imports. This strong progress in trade activities is a welcome development for the national economy.

Finance Advisor Khurram Shahzad noted that the textile sector continues to hold the largest share of exports, showing strong monthly improvement in the value-added segment. He added that other key sectors—including sports, chemicals, pharmaceuticals, cement, and engineering goods—also saw clear improvements. According to Mr. Shahzad, these value-added sectors are playing an increasingly effective role in the country’s economic stability.

By January 2026, Pakistan’s trade deficit had reduced from 35% to approximately 28% on a six-month basis. The Prime Minister’s recent initiatives, including the abolition of the export development surcharge, the reduction in electricity prices, and a significant cut in financing rates, are being hailed as revolutionary steps. These measures are a direct manifestation of the joint efforts between the Ministry of Finance and the SIFC to promote Pakistan’s trade development.