Saturday, October 19, 2019

Significant reduction in imports has reduced trade deficit, State Bank said

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KARACHI (Monitoring Cell) The current account deficit in the first quarter fell by $ 2 billion 74 million, compared to $ 4 billion 28 million in the same period last year, while a significant reduction in imports also reduced the trade deficit.News World Ahmed

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 News World Ahmed



The hard work of the federal government's economic team is starting to change, according to a statement issued by the State Bank that the current account deficit decreased by $ 2 billion 74 million and the July-September account deficit was $ 1 billion. At $ 10 million, the deficit was $ 4 billion 28 million in the same period last year.News World Ahmed

According to the data, exports improved and imports significantly reduced trade deficit and the trade deficit decreased by $ 3 billion 38 million in the first quarter of this fiscal year. The July-September trade deficit was worth $ 4 billion 99 million. Been there
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