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Current account deficit shrinks to $109mn in July-Sept KARACHI: Pakistan's current account deficit narrowed 93 percent to $109 million in the first quarter of the 2015-16 fiscal year compared to 1.631 bln in the same period last year, the Central Bank said on Wednesday.The current account deficit for the 2014/15 fiscal year was $2.627 billion.Copyright Reuters, 2015 ...

Leather sector exports down by 28pc KARACHI: The leather sector is fast losing its global market share to its competitors due to sheer negligence by the government and its subsidiaries.The Chairman Pakistan Tanners Association (PTA) S.Z, Hamid A Zahur said that the leather exports have declines in volume by 28 per cent during current year. He said that the cost of doing business of entire leather sector including leather garments, gloves, footwear and finished leather has gone up by 12 per ...
Cotton yarn registers sudden increase in prices FAISALABAD: The prices of all the leading cotton yarn count including 28 single count,30 single count, 40 single count, 52 single count and 80 single count, has gone up by Rs 50-60 per single count here on Wednesday in Faisalabad Yarn Market, a leading cotton yarn market of the country.The market experts said that the sudden jump in the cotton yarn counts was due to the import duty levied by the federal government on the ...
Wheat growers' training at UC level FAISALABAD: District Agriculture department will organise workshops for wheat growers from next week onwards at union council level across the district.The workshops would train farmers on the use of modern agriculture tools and machinery with the aim to produce maximum per acre yield and bring more land under wheat cultivation,said Agriculture department sources here on Thursday.District Agriculture department has been organizing such workshops at union council level each year.Copyright APP (Associated Press of Pakistan), 2015 ...
Pakistan trade deficit decline to $5.515bn for July-September 2015 KARACHI: Pakistan's trade deficit declined by 14.81 percent to $5.515 billion for the July to September 2015 period, compared with a deficit of $6.474 billion for the same period last year, according to the Pakistan Bureau of Statistics.Exports declined to $5.164 billion in the three month period from $6.000 billion the previous year. Imports rose to $10.679 billion from $12.474 billion.The Pakistan financial year begins in July. On a monthly basis, the trade deficit rose ...
PM's Kissan relief package would facilitate farmers ISLAMABAD: Chairman, Board of Investment Miftah Ismail has said on Wednesday that the Prime Minister's relief package for thee farmers called 'Kissan Package' appreciable and it would facilitate the farmers.Talking to Radio Pakistan, he said Pakistan is basically an agricultural country and such relief would definitely improve the economy of the country as well.He said the farmers would be motivated with the funds provided by the government as the government has initiated many development projects ...
Khurram Dastgir for promoting value addition in exports LAHORE: Federal Commerce Minister Khurram Dastgir Khan on Tuesday stressed the need for promoting value addition in the production of export-oriented sectors which would definitely jack-up the overall export volume of the country. Addressing the opening ceremony of a four-day 33rd Pakistan International Handmade Carpet Exhibition organized by Pakistan Carpet Manufacturers and Exporters Association (PCMEA) in collaboration with Trade Development Authority of Pakistan (TDAP) at a hotel, the Federal Minister assured the export-oriented industry of ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln