Table of Contents

Trade Deficit Doubles in July-December as Imports Increase

Islamabad: Pakistan’s trade deficit doubled to $ 24.79 billion in the first half of the year, mostly due to a 63% year-over-year increase in imports, according to preliminary government figures.

According to figures from July to December, imports rose from $ 24.47 billion a year ago to $ 39.91 billion in the period from July to December. In contrast, exports increased by 25% year-over-year to $15.13 billion in July and December. Imports in December were $6.9 billion, a 38% increase from the same month the previous year.

Read: Intrusion Into Protest Land of Saidu Graveyard

According to figures from the research firm Arif Habib Limited, November imports were $7.93 billion, a decline of 13% compared to the previous month. He expressed confidence that the country’s exports will exceed $ 30 billion, the “biggest ever,” by the end of this fiscal year if it continues to expand at the same rate.

Read: Lok Virsa Heritage Museum Visitors Increased

Minister lamented the demise of the export sector “as a result of the misguided economic policies implemented by the administrations of [former Prime Minister] Nawaz Sharif and former Finance Minister Ishakdar.”

For more updates, visit Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *

Avail Discount on Installments through GFS-AIR (Advance Installment Receipt)

Get GFS - AIR Discount Forms