ISLAMABAD: Pakistan’s trade deficit soared by 70 per cent during the first nine months of the ongoing fiscal year, data shared by the Pakistan Bureau of Statistics (PBS) showed on Monday. It said the trade deficit soared to $35.393 billion during July-March FY2022, compared to $20.802 billion during the same period of 2020-21. March’s trade […]
Trade deficit
Trade deficit, inflation on decline, says Tarin
ISLAMABAD: On Wednesday, Federal Minister for Finance and Revenue, Shaukat Tarin said that the country’s trade deficit and inflation were on a declining trend as is indicated by the latest economic data. Addressing a press conference, the federal minister said that the trade deficit went down to the pre-Covid-19 position and was recorded at $3.1 […]
CPEC to cure trade deficit: Khusro
ISLAMABAD – Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar stated that the issues of trade deficit, poor market access to Pakistan’s agricultural products and limited business bases will be addressed via increased industrial cooperation between China and Pakistan. The federal minister was co-chairing a meeting of CPEC Business Council along-with Advisor to […]