Pakistan trade deficit mounts to $ 1.6bn in July alone

Sunday, August 12th, 2012 1:45:51 by

Islamabad: (Saturday, August 11, 2012) Pakistan’s trade deficit in the first month of the ongoing fiscal year, July, has mounted to $ 1.6 billion. The current trade deficit is 4.7 percent higher than the figures for similar month
the previous year.

While explaining the increasing trade deficit phenomenon, Pakistan Statistics Department said that the pace of Pakistan’s imports as against exports has been very high, as Pakistan’s imports in July 2012 reached as high as $ 3.66
billion, while the exports couldn’t go beyond $2.05 billion.

Overall, the exports, as compared to the same month for the previous year, fell short by 4.6 percent, which imports only by 0.73 percent.

Tags: , , , , , ,

Short URL: https://www.newspakistan.pk/?p=30771

Posted by on Aug 12 2012. Filed under Business, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Join WishFree.com

Photo Gallery

Unique Auction UAE
Log in