Pakistan’s Trade Deficit Fell by 39% Last Month: Khurram

Islamabad: Pakistan’s trade deficit fell by thirty-nine percent last month, as announced by Adviser on Finance Khurram Schehzad.

According to Radio Pakistan, Khurram Schehzad shared this development in a post on X, noting that the trade gap narrowed due to an increase in exports and a decrease in imports. He detailed that exports grew by ten percent, while imports saw a significant decline of twenty-two percent in May.

The Adviser also pointed out that IT exports and remittances are showing continuous growth, contributing positively to the country’s economic landscape.

Check Also

Interior Minister Urges Political Leadership to Build Consensus on Governance Reforms

Islamabad: Interior Minister Mohsin Naqvi has urged Pakistan's political leadership to build consensus on fundamental governance reforms. He was addressing the First Pakistan Economic Summit in Islamabad today. The Minister stressed that the country's...