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Exports of services rise by over 24 pc in 4 months

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Islamabad

The exports of services from the country witnessed an increase of 24.25 percent during the first four months of current financial year (2021-22) as compared to the corresponding period of last year, PBS) reported.

The exports of services during July-October (2021-22) were recorded at $2122.19 million against the exports of $1708.04 million in July-October (2020-21), showing growth of 24.25 percent. The services’ imports also rose by 27.33 percent by growing from $2485.15 million last year to $3164.33 million during the period under review. Based on the figures, the services’ trade deficit widened by 34.10 percent to $1042.14 million.—APP

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