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Services trade deficit dips by 23.84pc ISLAMABAD: The services trade deficit of the country during first five months of fiscal year 2014-15 deceased by 23.84 percent with exports increased by 18.6 percent and imports by 1.85 percent.According to the data of Pakistan Bureau of Statistic (PBS), the overall services exports were recorded at US $2.376 billion during July-November 2014-15 against $ 2.003 billion during same period of last year.Similarly, the imports of services increased from $3.31 billion in July-November 2013-14 to $3.371 billion during the corresponding period this year. Thus the overall trade deficit during the period under review was recorded at $995.5 million against 1.307 million last year.On month on month basis, the services trade deficit surged by 27.97 percent going up from $215.27 million in October 2014 to $275.49 million in November. The exports, however, decreased by 20.12 percent in November to $296.2 million against $370.81 million during October 2014.Similarly, the imports of services ...

FPCCI President assures full support to member associations KARACHI: FPCCI will closely work with its member bodies and provide them all possible assistance, cooperation and guidance in resolving their trade related issues. This was assured by President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Adress to the four-member delegation of Pakistan Chemicals and Dyes Merchants Association (PCDMA) calling on him, here at the Federation House, said FPCCI statement on Wednesday.Led by PCDMA Chairman Haroon Nisar Numberdar, the delegation discussed ...
Telecom imports cross US$ 1.23bn mark ISLAMABAD: Pakistan has imported record US$ 544 million of cellular mobile handsets and US$ 682 million worth of telecom equipment during last one year, registering 20.7 percent and 30.3 percent increase respectively.During the year, both operators as well as cellular mobile customers prepared themselves for 3G and 4G services. The operators upgraded their telecom networks and systems while subscribers opted to shift to smartphones to enjoy such services.According to latest telecom stats, overall, the telecom ...
Exports up by 9.66pc in December ISLAMABAD: Exports from the country increased by 9.66 percent during the month of December 2014 compared to the exports of November 2014, according to the latest data of Pakistan Bureau of Statistics (PBS).Exports in December 2014 were recorded at $2.156 billion compared to the exports of $1.966 billion in November 2014, showing positive growth of 9.66 percent.During the month the imports also increased by 6.31 percent and reached to $3.859 billion compared to the imports ...
Weekly inflation goes down 0.26pc ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on January 08, 2015 for the lowest income group up to Rs 8,000 registered a decrease of 0.26 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 202.58 points against 203.10 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base ...
Subscribers share 301.7bn SMS in 2014 ISLAMABAD: Mobile phone users in the country have exchanged a startling 301.7 billion SMS messages during one year (July 2013 to June 2014).This means the subscribers exchanged around 800 million text messages per day.A comparison of last two years have showed that total SMS traffic during Fiscal Year 2014 decreased five per cent as compared to what we had in 2013, showing that mobile messaging apps such as WhatsApp, Viber, Line and Facebook are making ...
Surgical goods, medical instruments exports post 2.67pc growth ISLAMABAD: The exports of surgical goods and medical instruments registered 2.67 percent growth during first five months of current financial year as compared to the corresponding period of last year.During the period from July-November, 2014, surgical goods and medical instruments worth $138.249 million exported as compared to $134.65 million exported same period of last year.According the data of Pakistan Bureau of Statistics, about 5,818 metric tons of pharmaceutical products worth $80.843 million exported which was ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln