May 7

Pakistan’s imports hit record high at $65.47 bn in 10 months

ISLAMABAD: Pakistan’s imports reached to record high at $65.49 billion during first 10 months (July – April) 2021/2022, according to data released by Pakistan Bureau of Statistics (PBS). The import bill increased by 46.41 per cent to $65.47 billion during first 10 months of the current fiscal year as compared with $44.73 billion in the […]

by Anjum Shah

Pakistan’s March trade deficit widens by only 5.5%

Apr 4

Finance, Top stories

Pakistan’s March trade deficit widens by only 5.5%

ISLAMABAD: Pakistan’s trade deficit in the month of March 2022 increased by only 5.5 per cent due to higher growth of exports during the month. According to data released by Pakistan Bureau of Statistics (PBS) on Monday, the exports recorded a growth of 16 per cent to $2.74 billion in March 2022 as compared with […]

by Anjum Shah

Pakistan’s trade deficit widens to $32 billion in 8MFY22

Mar 2

Finance

Pakistan’s trade deficit widens to $32 billion in 8MFY22

ISLAMABAD: Pakistan’s trade deficit has widened to around $32 billion in first eight months (July – February) 2021/2022 8MFY22, according to official data released on Wednesday. The trade deficit widened by 82.26 per cent during the period under review as compared with the deficit of $17.53 billion in the corresponding period of the last fiscal […]

by Anjum Shah

Pakistan’s trade deficit widens by 92% in seven months

Feb 2

Finance, Top stories

Pakistan’s trade deficit widens by 92% in seven months

ISLAMABAD: Pakistan’s trade deficit has widened by 92 per cent during first seven months (July – January) of fiscal year 2021/2022, official statistics revealed on Wednesday. The trade deficit ballooned to $28.8 billion during the first seven months of the current fiscal year as compared with $15 billion in the corresponding months of the last […]

by Anjum Shah

Pakistan’s trade deficit swells by 100% in 1HFY22

Jan 2

Finance, Top stories

Pakistan’s trade deficit swells by 100% in 1HFY22

ISLAMABAD: Pakistan’s trade deficit has doubled to $24.8 billion during first half (July – December) of 2021/2022 1HFY22. The trade deficit was $12.36 billion in the same half of the last fiscal year. The import bill of the country surged by 63 per cent to $40 billion during the first half of the current fiscal […]

by Anjum Shah

Pakistan’s trade deficit widens by 112% to $20.59 billion

Dec 2

Finance, Top stories

Pakistan’s trade deficit widens by 112% to $20.59 billion

ISLAMABAD: Pakistan’s trade deficit ballooned by 112 per cent to $20.59 billion during the first five months (July – November) of the current fiscal year 2021/2022, according to official data released on Thursday. The trade deficit was at $9.72 billion in the same months of the last fiscal year, revealed by the data released by […]

by Anjum Shah

Miftah Ismail highlights key reasons behind rupee fall

Nov 15

Finance, Top stories

Miftah Ismail highlights key reasons behind rupee fall

Miftah Ismail, Former Federal Minister for Finance, has pointed out key reasons behind the massive depreciation in Pak Rupee (PKR) against the dollar. Ismail, who is also General Secretary of PML-N Sindh, in his Tweet on Sundh pointed out a thread on the four main reasons for the recent precipitous decline in the value of […]

by Anjum Shah

Pakistan’s import bill surges by 65% in four months

Nov 2

Finance, Top stories

Pakistan’s import bill surges by 65% in four months

ISLAMABAD: The import bill of Pakistan surged by 65.15 per cent during the first four months (July – October) of 2021/2022, according to official statistics released on Tuesday. The import bill increased to $25.06 billion during the first four months of the current fiscal year as compared with $15.17 billion in the same period of […]

by Faisal Shah

Pakistan’s trade deficit doubles in first quarter

Oct 4

Finance

Pakistan’s trade deficit doubles in first quarter

ISLAMABAD: Pakistan’s trade deficit has doubled in first quarter (July – September) 2021/2022 owing to sharp increase in import bill, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. The trade deficit has ballooned by 100.62 per cent to $11.66 billion during the first quarter of the current fiscal year as […]

by Faisal Shah

Sep 6

Finance

Finance ministry reviews trade balance situation

ISLAMABAD: Federal Finance Minister Shaukat Tarin presided over a meeting on Monday to review the trade balance situation. Federal Minister for Economic Affairs Division Omar Ayub Khan, Secretary Commerce, Secretary M/o Information Technology, Secretary Finance Division, Governor State Bank of Pakistan Dr. Reza Baqir, Executive Director General BOI, and other senior officers participated in the […]

by Anjum Shah