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Tag Archives: Mounting imports push trade deficit up 103pc in 4MFY22

Mounting imports push trade deficit up 103pc in 4MFY22


November 2, 2021

ISLAMABAD: The first four months of the current fiscal year (4MFY22) posted a rise of more than 103 per cent in trade deficit driven largely by an almost double increase in the country’s imports compared to exports, the Ministry of Commerce (MoC) said on Monday. The merchandise trade deficit reached $15.525 billion in July-October 2021 from $7.617bn over the corresponding …

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