Trade deficit up by 8 pc in June 2019

Karachi, July 24, 2019: The country’s trade deficit declined by 11 percent YoY to US$28.2 billion in last fiscal year (FY19) from US$31.8 billion in the previous year. Although in a normal scenario, this would be interpreted positively, as highlighted earlier, the previous year’s trade deficit had reached unsustainable levels and there was only one…

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