Telecom imports fall 1.83 per cent

Author: APP

ISLAMABAD: The imports of telecom sector related items into the country fell by 1.83 per cent in first 10 months (July-April) of current fiscal year (2015-16) as compared to same period of last year.

The telecom imports decreased to $1.1579 billion during the period July-April (2015-16) from $1.18 billion during same period of the year 2014-15. According to latest data released by Pakistan Bureau of Statistics (PBS), on month-on-month basis, the telecom imports also fell by 9.38 per cent from $122.201 million in March,2016 to $110.715 million in April 2016.

On year-on-year basis, the telecom imports however posted a growth of 1.84 percent as it went up to $110.715 million from $108.713 million in April, 2015. The import of mobile phone during first 10 months of current year posted a growth of 6.64 percent from $595.778 million last year to $635.342 million during the period of current fiscal year.

On year-on-year basis the mobile phone import increased from $56.196 million in April, 2015 to 62.059 million thus showing a growth of 10.43 per cent. However on month-on-month basis the mobile phone import posted a negative growth of 18.44 per cent as the import during the month of March, 2016 was recorded at $76.094 million.

Share
Leave a Comment

Recent Posts

  • Business

BMP for lowering production cost to promote industrialization, enhance exports

The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has called…

8 hours ago
  • Business

‘Govt should withstand resistance to broadening tax base’

The tax evaders and black economy mafia bosses are putting a strong resistance to the…

8 hours ago
  • Business

PFC to take part in Riyadh Intel expo

Pakistan Furniture Council (PFC) will take part in a 3-day Riyadh international expo starting from…

8 hours ago
  • Business

PPL Adhi Field’s operational parameters, safety protocols inspected

Chairman of Oil and Gas Regulatory Authority (OGRA) Masroor Khan, along with Mr. Zain-ul-Abideen Qureshi…

8 hours ago
  • Business

Tarbela 5th Extension Hydropower project to supply 1.347 bln units annually

Tarbela 5th Extension Hydropower Project will supply 1.347 billion low-cost and environment-friendly units annually to…

8 hours ago
  • Business

KP exporters demand incentives over export of goods to Afghanistan, CAR in Pak currency

All Khyber Pakhtunkhwa Exporters Association has demanded of government to announce incentives over exporting of…

8 hours ago