Pakistan’s exports surge by 14.1 per cent in Q1 FY24
According to data from the Pakistan Bureau of Statistics, Pakistan’s exports have witnessed a significant boost in the first quarter of the financial year 2024, with a 14.1 per cent increase compared to last year. From July to September 2024, exports reached $7.87 billion, up from $6.9 billion in 2023,
Pakistan’s exports rise by 14.42 per cent in current FY
Pakistan’s exports increased by 14.42 per cent during the first two months of the current fiscal year, according to a recent report by the Pakistan Bureau of Statistics. Moreover, from July to August, exports surpassed $5 billion, driven by strong performances in key sectors. Food exports played a critical role,
Pakistan’s Debt-to-GDP ratio hits 6-year low at 70 per cent
Pakistan’s debt-to-GDP ratio fell to a six-year low of 70 percent due to faster nominal GDP growth fueled by higher inflation, as per State Bank of Pakistan data. Moreover, SBP data indicates that Pakistan’s export growth has exceeded the increase in external debt over the past five fiscal years. Read
Pakistan food exports surge 45% in July 2024
Pakistan’s food exports experienced a substantial boost at the start of the fiscal year 2024, with a 45% increase according to the Pakistan Bureau of Statistics. In July, food exports reached over $475.7 million (around Rs132.44 billion), setting a new record for the sector. Moreover, rice exports, including Basmati, saw
Pakistan’s exports surged in first month of FY24
Pakistan’s merchandise exports experienced a significant increase of 11.83% in the first month of the current fiscal year, climbing to $2.31 billion from $2.06 billion in the same month last year, according to the latest data released by the Pakistan Bureau of Statistics (PBS). Despite this year-on-year growth, a month-on-month
Pakistan’s trade deficit shrinks 12% YoY to $24.1bn in FY24
Pakistan’s trade deficit narrowed by over 12% to $24.09 billion in fiscal year 2023-24 (FY24) due to a significant rise in exports and a slight decrease in imports, as reported by the Pakistan Bureau of Statistics (PBS) on Tuesday. The trade balance, which measures the gap between exports and imports,
Pakistan earns $274 m from fruit exports over 10-month period
ISLAMABAD: Pakistan’s fruit exports have surged significantly, marking a 17.85 per cent increase in the first ten months of the current fiscal year compared to the corresponding period last year, reports the Pakistan Bureau of Statistics (PBS). Data from PBS indicates that fruit exports from July 2023 to April 2024
