Services exports up

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Servi­ces exports increased by 16.59 per cent year-on-year in April, marking the third consecutive month of growth following four months of contraction, according to data released by the Pakistan Bureau of Statistics on Tuesday.

Exports reached $646.03 million from $554.10m in the corresponding month last year. On a month-on-month basis, the services export posted a negative growth of 7.57pc.

In rupee terms, the export of services grew 13.81pc in April to Rs179.68bn against Rs157.88bn in the corresponding month last year.

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