Tag Archives: Import bill surges on higher global commodity prices

ISLAMABAD: Pakistan’s trade deficit widened 57.85 per cent in 11 months of FY22 to $43.33 billion year-on-year on account of a broad-based surge in global commodity prices, Covid-19 vaccine imports, and demand-side pressures, all contributed to the rising imports. The imports surged mainly by an increase in energy prices as well as imports of food items to bridge the shortages …

Read More »