Menu

Post image 1
Post image 2
Post image 3
1 / 3
0

Pakistan Trade Deficit Widens as Imports Surge

Bloomberg.com·Bilal Hussain, Tooba Khan·28 days ago
#n4GqTxvv
Reading 0:00
15s threshold

Shipping containers at the port of Karachi, Pakistan.

Photographer: Aamir Qureshi/AFP/Getty Images

Pakistan’s trade deficit widened more than expected last month as imports surged, adding strain to the fragile economy and thin foreign exchange reserves.

Trade deficit rose to $4.07 billion in April, according to the Pakistan Bureau of Statistics data released Tuesday. That compares with a $2.99 billion deficit forecast by economists in a Bloomberg survey and a revised reading of $2.84 billion in March.

Read More