Trade Deficit ISLAMABAD: In the first quarter of the fiscal year, Pakistan witnessed a significant reduction in its trade deficit, which contracted by 42% to $5.3 billion. This reduction was …
Tag:
exports/imports
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Economy
A substantial decline of $19.5 billion in imports trims trade and current account deficits in FY23
by Hamza Irshadby Hamza IrshadISLAMABAD: A huge decline of $19.5 billion in imports gave a substantial relief to the government in trimming the trade and the current account deficit in 2022-23. In FY23, the …
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EconomyExclusive
SBP reports current account surplus for the second consecutive month in March 2023, but it falls to $18 million
by Hamza Irshadby Hamza IrshadSBP reports a current account surplus for the second consecutive month in March 2023, but it falls to $18 million The State Bank of Pakistan today released the latest balance …
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Economy
DHL suspends ‘Import Express Product’ in Pakistan from March 15
by Umar Sohailby Umar SohailA global logistics company, DHL, stated on Monday that it will temporarily halt its operations in Pakistan owing to the government’s restrictions on outbound remittances. DHL Pakistan DHL Pakistan has …
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Economy
current account deficit plunges 90pc, to $0.24 billion in Jan 2023
by Hamza Irshadby Hamza IrshadISLAMABAD: The current account deficit of Pakistan has plunged by 90% in the month of January 2023 in comparison with the same month last year. In Jan-2023, the CAD dropped …