Pakistan Services Trade Deficit Falls

Latest Pakistan Political Economic News

Pakistan Services Trade Deficit for the FY21 fell by 43% due to lower international travel payments in COVID.

 

The services trade posted a $1.88 billion deficit during FY21 compared to $3.32 billion in FY20, depicting a decline of $1.441 billion.

 

The improvement in services trade also came from an import dip of 11% to touch $7.81 billion, while exports grew 9.2% to touch $5.94 billion.

 

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