Trade deficit shrinks by 12.3% to $24.09bn in FY24 as exports surge M Haris
A representational image of containers. — Reuters/File Total exports increase 10.54%, reaching $30.645 billion. Economists attribute decline to sluggish economic growth. Trade deficit’s endurance has...
Pakistan’s trade deficit declines 12.3% in FY24 M Haris
Pakistan’s trade deficit showed a notable improvement, contracting by 12.3% year-on-year to $24.09 billion during the fiscal year 2023-24, compared to $27.47 billion in the...
Budget FY25 aimed at narrowing fiscal deficit, says FinMin Aurangzeb M Haris
Finance Minister Senator Muhammad Aurangzeb speaks on the floor of the National Assembly on June 25, 2024. — APP PM’s austerity, simplicity drive to continue...
Pakistan’s current account records $270 million deficit in May 2024 M Haris
Pakistan’s current account showed a deficit of $270 million in May 2024, contrasting sharply with April’s revised surplus of $499 million, according to data released...
Current account deficit reaches $464m in 11 Months: SBP M Haris
The current account deficit for the first eleven months of this fiscal year stood at $464 million, according to the State Bank of Pakistan (SBP)....