PoL import bill falls by 2.3% to $6.054b in 4 months

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The imports of the overall petroleum group declined by 2.31 percent during the first four months of the current fiscal year (2022-23) as compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported.

The total imports of the petroleum group during July-October (2022-23) stood at $ 6,054.093 million, as against the imports of $6,197.285 million last year, according to PBS data.

Among petroleum commodities, the import of petroleum products declined by 1.75 percent, from $2,894.733 million last year to $2,844.098 million during the period under review.

Likewise, the imports of liquified natural gas declined by 15.55 going down to $1,266.662 million this year against the imports of $1,499.912 million recorded during the corresponding period of last year. .—APP

 

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