Pakistan’s Remarkable Trade Performance Boost in export, decline in import taking place: Dr Gohar
Pakistan's Remarkable Trade Performance Boost in export, decline in import taking place: Dr Gohar
The Federal Ministry of Commerce in Pakistan has announced a noteworthy improvement in trade performance and the year-on-year Balance of Payments (BoP), with a positive trend of $5.6 billion. Caretaker Minister of Commerce Dr. Gohar Ejaz highlighted the resilience of Pakistan's trade sector and expressed a commitment to supporting exporters and finding new destinations for exports.
The data revealed a remarkable year-on-year increase in exports by $709 million, reaching $14 billion from July 1st to December 20, 2023, contributing to an overall improvement in the balance of trade.
During the first 20 days of December 2023, exports experienced a notable 33.1% year-on-year growth, amountin...