Islamabad
The country’s oil import bill witnessed reduction of 21.70 percent during the first eight months of the current fiscal year as compared to the corresponding period of last year.
The country imported oil products worth US $6445.601 million during July-February (2020-21) against the imports of $8232.294 million during July-February (2019-20), showing decline of 21.70 percent, according to latest data by Pakistan Bureau of Statistics (PBS).
The commodities that contributed in decline of oil import bill included, petroleum products, the imports of which decreased by 20.71 percent, from $3641.111 million last year to $2886.999 million during the current fiscal year. —APP
