Trade deficit shrinks 5.9% in first half

PBS data shows that Pakistan’s trade deficit for 1HFY19 has narrowed 5.7% or about $ 1Bn to settle down at $ 16.9Bn over $ 17.94Bn in 1HFY18. Exports posted an increase of 1.7% to reach $ 11.18Bn, while imports eased 3% to decline to $ 28.1Bn.