Tag: #Imports
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Current Account Balance Turns Surplus for Second Consecutive Month
Current Account Balance has turned a surplus for the second consecutive month.
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Local industry should not be weakened by promoting imports: FPCCI
ISLAMABAD, Sep 19 (Online): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said the foreign industry should not be promoted at the cost of local industry as it will result in closures, loss of jobs and revenue. The decision to reduce duties on import of steel should be reviewed as it…
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FPCCI President Recommends Raising Exports to Double Digits of GDP
The FPCCI President has recommended that the exports be raised to double digits of the GDP.
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Exports rose 25.8% last month: FBS
The Federal Bureau of Statistics (FBS) has released trade data for July, according to which exports increased by 25.8% on a monthly basis and 6.4% on an annual basis last month. According to the data released by the Federal Bureau of Statistics, the volume of exports in July 2020 was 2 billion, which is 25.8%…
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Pakistan’s Imports from China decrease 11.30% in 11 months
Pakistan’s imports from China have decreased by 11.30% in 11 months.
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Gold imports dip 3.37% in first quarter, over 40% in September
ISLAMABAD, Oct 25 (APP):The gold imports into the country decreased by 3.37 percent during the first quarter of the current fiscal year (2018-19) as compared to the corresponding period of last year. Pakistan imported gold worth $4.474 million during July-September (2019-20) as compared to the imports of $4.630 million during July-September (2018-19), showing decrease of…
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Food group imports reduces by 26.81 per cent in two months
ISLAMABAD, Oct 8 (APP):Food group imports into the country during first two months of current financial year reduced by 26.81% as compared the corresponding period of last year. According the data released by the Pakistan Bureau of Statistics, food group imports came down from $952.717 million in first two months of last financial year to…
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Palm oil import decreases 29.77%, soyabean increases 122.45% in two months
ISLAMABAD, Oct 7 (APP):The imports of palm oil into the country during first two months of current financial year reduced by 29.77%, where as soyabean increased by 122.45% respectively as compared the corresponding period of last year. During the period from July-August, 2019 about 33,325 metric tons of soyabean oil worth $23.164 million imported to…