June 27, 2022

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Pakistan Revenue

Tag: trade deficit

Finance ministry reviews trade balance situation
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 […]

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Trade deficit balloons 120% to $7.49 billion in two months
Sep 5
Finance

Trade deficit balloons 120% to $7.49 billion in two months

ISLAMABAD: Pakistan’s trade deficit ballooned by 120 per cent to $7.49 billion in first two months (July – August) of the current fiscal year. The trade deficit was $3.40 billion in the same months of the last fiscal year, according to the Pakistan Bureau of Statistics (PBS). The exports of the country increased by 27.59 […]

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Trade deficit widens by 21.6pc in 10 months
May 5
Finance

Trade deficit widens by 21.6pc in 10 months

ISLAMABAD: The trade deficit has ballooned by 21.6 percent during first 10 months (July – April) 2020/2021 owing to significant increase in import bill during the period, according to trade data released by Pakistan Bureau of Statistics (PBS) on Wednesday. The trade deficit increased to $23.82 billion during first ten months of the current fiscal […]

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Import bill sharply grows by 70pc in March
Apr 5
Finance

Import bill sharply grows by 70pc in March

ISLAMABAD: The import bill has recorded an unprecedented growth of 70 percent in March 2021 as compared with the same month of the last year, according to data released by Pakistan Bureau of Statistics (PBS). The country spent $5.63 billion on the imports during March 2021 as compared with $3.31 billion in the same month […]

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Trade deficit widens by 24pc in February
Mar 5
Finance

Trade deficit widens by 24pc in February

ISLAMABAD: The trade deficit has been widened by 24 percent Year on Year (YoY) in February 2021 owing to increase in imports and decline in exports, according to data released by Pakistan Bureau of Statistics (PBS) on Friday. The import bill for the month of February 2021 increased to $4.56 billion as compared with $4.16 […]

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Trade deficit widens to $17.3bn in July – February
Mar 2
Finance

Trade deficit widens to $17.3bn in July – February

ISLAMABAD: Pakistan’s trade deficit widened by 9 percent or $17.3 billion during first eight months (July – February) 2020/2021 of the current fiscal due to surge in import bill for the period, according to provisional data released by the ministry of commerce. The trade deficit widened to 17.3 billion during first eight months of the […]

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Trade deficit swells by 6.44 percent in first half
Jan 7
Finance

Trade deficit swells by 6.44 percent in first half

ISLAMABAD: The country’s trade deficit has widened by 6.44 percent during the first half (July – December) of fiscal year 2020/2021 owing to uptick in imports during past two months. According to trade data released by Pakistan Bureau of Statistics (PBS) on Thursday, the trade deficit was recorded at $12.42 billion during July – December […]

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Pakistan exports goods worth $7.55 billion in four months
Nov 4
Finance

Pakistan exports goods worth $7.55 billion in four months

ISLAMABAD: Pakistan has exported goods worth $7.55 billion during the first four months (July – October) 2020/2021 as compared with $7.52 billion in the corresponding period of the last fiscal year, showing nominal increase of 0.33 percent, according to data released by Pakistan Bureau of Statistics (PBS) released on Wednesday. On the other hand, imports […]

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