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ISLAMABAD – Recent regulatory duties (RD) imposed on luxury and non-essential items have significantly reduced imports in Pakistan, with a decline of 23 percent observed in December 2018.
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KARACHI – Pakistan’s trade deficit has shown signs of improvement, narrowing by $1 billion or 5.6 percent during the first half of the fiscal year 2018-2019.
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Pakistan’s foreign exchange reserves have witnessed a notable decline, falling by $240 million to $13.597 billion by the end of the week, compared to the previous week’s figure of $13.837 billion, as reported by the State Bank of Pakistan (SBP) on Thursday.
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