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Business

Web Desk
Jul 19, 2024

Pakistan’s current account deficit hits lowest level since 2011

Pakistan’s current account deficit shrank to its smallest in over a decade, thanks to growth in remittances and exports that outweighed the rise in imports.

Business

Web Desk
Jul 02, 2024

June trade deficit soars by 30.4 per cent despite annual improvement

Pakistan’s trade deficit saw a significant reduction of 12.3 per cent year-on-year (YoY) in the fiscal year 2023-24, dropping to $24.09 billion from $27.47 billion in the previous fiscal year.

Business

Web Desk
Jun 03, 2024

Pakistan’s trade deficit shrinks by over 15 per cent

Pakistan’s trade deficit for the first eleven months of the fiscal year 2023-24 has significantly reduced by 15.2 per cent year-on-year, amounting to $21.73 billion, according to the latest data from the Pakistan Bureau of Statistics (PBS).

Business

Web Desk
Mar 01, 2024

Pakistan’s trade deficit shrinks by 13.49%

In a positive turn of events, Pakistan’s trade deficit showed improvement, recording a 13.49 per cent month-on-month (MoM) decline to $1.71 billion in February.

Election 2024

Web Desk
Feb 10, 2024

Pakistan’s exports to Afghanistan hit $260.716 million

Pakistan’s export of goods and services to Afghanistan has experienced a notable uptick, registering a growth of 3.63 per cent.

Business Latest

Web Desk
Feb 03, 2024

Pakistan records 33% reduction in trade deficit, boosted by export surge

In a promising economic development, Pakistan witnessed a significant 33 per cent reduction in its trade deficit, reaching $13.167 billion.

Business

Web Desk
Jan 27, 2024

Pakistan’s agricultural machinery imports surge over 70%

The first half of the financial year in Pakistan has seen a notable development in the import dynamics, particularly in agricultural sector.

Business

Web Desk
Jan 20, 2024

Pakistan’s trade deficit drops 35.7%

Pakistan’s trade deficit for the month of December showed significant improvement, according to revised data released by the PBS.

Business

Web Desk
Dec 28, 2023

Pakistan’s seafood exports drop by 12.87%

Pakistan’s fish and fish preparations export sector recorded a revenue of $161.896 million, shipping 72,515 metric tonnes.

Business

Web Desk
Dec 18, 2023

Pakistan’s textile industry sees 5.43% decline in monthly exports

In November 2023, Pakistan’s textile sector experienced a 5.43 per cent month-on-month decline in total exports, amounting to $1.37 billion, as per data released by the State Bank of Pakistan (SBP).