ISLAMABAD – The International Monetary Fund (IMF) has raised concerns over a $6 billion annual discrepancy in Pakistan’s trade data during staff-level discussions for the $7 billion loan agreement, highlighting inconsistencies that have alarmed policymakers. According to official sources, the Pakistan Bureau of Statistics (PBS), which operates under the Ministry of Planning, has so far […]
Trade Gap
Pakistan eyes mineral exports to narrow $3 billion trade gap with US
Pakistan’s Finance Minister Muhammad Aurangzeb has proposed using the country’s mineral wealth to reduce the trade gap with the US. Speaking in Washington, he emphasized that copper and other key resources could benefit both countries. He believes this strategy will be part of next month’s trade talks. Aurangzeb stressed that trade imbalance—not tariffs—is the bigger […]