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Tag: Import Increase

Foreign investors
Business
  • Web Desk
  • Jun 22, 2024
Record income outflows push current account deficit to $270 million

In a significant economic update, Pakistan has recorded a current account deficit of $270 million, driven primarily by a substantial increase in the primary income deficit.

Pakistan services trade deficit
Business
  • Web Desk
  • Oct 20, 2023
Pakistan’s services trade deficit surges by over 75% to $216 million

In September, Pakistan’s service sector faced a trade deficit of $216 million, marking a substantial 75.61 per cent increase compared to the same period last year when the deficit stood at $123 million, as revealed by the recent data released by the State Bank of Pakistan (SBP).

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