Pakistan has witnessed several positive economic developments in recent days
Exports to regional countries surged by 3% in first quarter, contributing $981.410 million, which accounts for 13.98% of Pakistan’s total #exports.
• Wheat reserves stand at over 6.934 million metric tons, ensuring ample supply to meet local dietary needs.
• #IMF expresses satisfaction with Pakistan’s economic progress. • KSE-100 Index hits new milestone of 55,000.
• Current account deficit for July-September FY2024 narrows down to $947 million, compared to $2.3 billion last year. Import decline of 23.8% at $12.5 billion as compared to $16.3 billion last year.
• #Pakistan earns foreign exchange worth $1,707 million from services exports in Q1 of FY 2023-24.
• Remittances from overseas Pakistani workers surge to $2.46 billion in October 2023, marking an impressive 11.5% increase.
