Pakistan will earn more dollars than its total expenditure
- According to a report, Pakistan’s trade deficit is likely to narrow further by the end of the financial year.
- The figure is that by the end of the financial year, the volume of Pakistan’s imports is 50 billion.
- Its record high foreign exchange earnings are reducing its dependence on Pakistan’s external debt.
For the first time after decades , pakistan will earn more dollars
1.5 billion for the first time in years compared to Pakistan’s trade expenditure
Earn dollars. Economists continue to hear the good news of a huge increase in remittances and exports from Pakistan. According to a report, Pakistan’s trade deficit is likely to narrow further by the end of the financial year.
The figure is that by the end of the financial year, the volume of Pakistan’s imports is 50 billion. The combined volume of remittances and exports is 52 billion. It has been reported that remittances are 27 billion while the volume of exports is also 24 billion but this is unlikely. In March, Pakistan’s exports reached an all-time high.
In the first nine months of the financial year, the largest share of 18 billion has been spent on coat exports so far. The volume of other remittances is also steadily increasing. During the first 8 months of the fiscal year, they benefited from remittances of 2 2 billion per month. In the first eight months of the current financial year, Pakistan Coke has received remittances of 18 18 billion.
Similarly, it is likely that years later, Pakistan will have an annual economic agreement that is 100,000 of trade costs.
According to economists, its record high foreign exchange earnings are reducing its dependence on Pakistan’s external debt. The Ministry of Economy also continued to talk at a time when the economic outlook in the Pakistani economy was very high.
According to the report, industrial and agricultural production has improved, tax revenue and remittances have increased, foreign exchange reserves have crossed 20 20 billion and the stock exchange index has crossed 46,000 points. The rate is possible to be reduced from 8.2% to 7.3%.
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