The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.
*The gap with China in goods trade narrowed by $34.4 billion to $310.8 billion last year, on a modest gain in exports and a small decline in imports, the Commerce Department reported.
Fitch states that a very likely rebound in the global economy along with a global vaccine rollout will also bode well for exports which will in turn feed into private consumption through better employment prospects in export related sectors.