Pakistan’s trade deficit shrinks over 34% to $11.15bn in 6MFY24 – Pakistan

Pakistan’s trade deficit shrank 34.29% to $11.15 billion in 6MFY24 on account of a significant reduction in imports, a consequence of administratively controlled measures, and a marginal improvement in exports.

The country’s trade balance, gap between exports and imports, was recorded at a deficit of $11.15 billion in July to December period of the year 2023-24 as compared to $16.97…