30% decrease in trade deficit, 9.1% increase in exports
The total volume of domestic imports was recorded at 35.24 billion dollars in 8 months
ISLAMABAD ( Web News )
In the first 8 months of the current fiscal year, a decrease of 30% has been recorded in the country’s trade deficit on an annual basis. According to the final statistics released by the Pakistan Bureau of Statistics in this regard, the volume of trade deficit was recorded at 14.88 billion dollars in the period from July to February 2024, which is 30% less than the same period of the previous financial year. Report According to Pakistan’s trade deficit was recorded at 1.743 billion dollars in February, which is 12% less than January and 21% less than last year’s February. In the first 8 months, the total volume of domestic exports was recorded at 20.360 billion dollars, which is 9.1% more than the same period of the previous financial year. In the same period of the last financial year, the volume of domestic exports was recorded at 18.670 billion dollars. received an exchange of 2.583 billion dollars, which is 18% more compared to February last year, the volume of domestic exports was recorded at 2.189 billion dollars in February last year. According to statistics, the total volume of domestic imports in the first 8 months of the financial year has been recorded at 35.24 billion dollars, which is the same period of the last fiscal year. is 12 percent less than in the same period of the previous financial year, the volume of domestic imports was recorded at 39.96 billion dollars, in February, 4.326 billion dollars of foreign exchange was spent on imports, which is 10 percent more than in February last year, Pakistan’s imports in February last year The bill was recorded at 3.935 billion dollars.