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PBS DATA 6MFY23 shows a contraction in trade deficit by 34% YOY to $11.15 bn vs 16.9bn.

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Exports in Dec 23 up by 22% YOY to $2.8 bn

Imports Dec 23 down 12% YOY to $4.5 bln July- Dec 23

Exports up by 5% YOY to $14.981 bn July-Dec 23

Imports down by 16% YoY to $26.129 bn

https://twitter.com/KhaqanNajeeb/status/1742106216828944675?t=27e8jbYxhb7KKLEU95cD9w&s=08

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Previous Positive Economic Developments for Pakistan, 1-31st December 2023.
Next FBR Restructuring decisions

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A brief on Economy

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GoP executed Exploration Licences & PCA for 8 blocks with UEP,OGDCL,POL,PPL

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Some positive developments in Pak today

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  • Pakistan finance minister to attend IMF-World Bank annual meetings in Bangkok on Oct. 12-18
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  • World Economic Forum presents case for ‘administrative redesign’ in Pakistan
  • Bahrain working to ‘speed up’ approval of Pak-GCC free trade pact, foreign minister says
  • IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billion

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