Pakistan's pharmaceutical exports have witnessed a significant increase of 31 percent in the current fiscal year, driven by the Special Investment Facilitation Council's (SIFC) supportive policies. According to recent data released by the Pakistan Bureau of Statistics (PBS), the sector's exports reached $105.936 million, compared to $80.796 million during the corresponding period last year.
The substantial growth is attributed to the enhanced industrial capacity and favorable export environment created through SIFC's policy-level initiatives. These measures have helped strengthen the pharmaceutical sector's competitive position in international markets.
The export figures demonstrate the effectiveness of coordinated efforts between government institutions and the industrial sector in boosting Pakistan's pharmaceutical trade performance.
