bserver Report
Islamabad
The country’s trade deficit witnessed reduction of 1.88 percent during the first four months of current fiscal year (2020-21) as compared to the deficit of the corresponding period of last year.
The deficit during July-October (2020-21) was recorded at $7.577 billion as compared to the deficit of $7.722 billion during July-October (2019-20), showing decline of 1.88 percent, according to the latest data released by Pakistan Bureau of Statistics here on Wednesday.
During the period under review, the country’s exports registered positive growth of 0.33 percent, by going down from $7.529 billion last year to $7.554 billion during the current year.
On the other hand, the imports decreased by 0.79 percent, from $15.251 billion last year to $15.131billion during the current year.
