Pakistan’s trade deficit rapidly deteriorating

ISLAMABAD: Pakistan’s trade balance is rapidly deteriorating, rising to $5.11 billion in November 2021 from $1.94 billion the previous November. That’s a 163 percent increase. This is a concerning tendency since it will exacerbate the current account deficit in the months ahead without securing dollar inflows, which will be mostly through debt-creating instruments. With the […]

from Daily Times https://ift.tt/3G92J2t