Jul- Feb trade deficit widens to $20.20bn

Pakistans trade deficit widened to $20.20 billion during the first eight months (July-February 2017) of the current fiscal year, up by 34.33 percent from $15.039 billion for the same period a year before, according to Pakistan Bureau of Statistics (PBS).Provisional trade data released by the PBS showed a decline of 3.9 percent in exports during July-February 2017 with exports contracting to $13.318 billion in the first eight months of the current fiscal year as compared to $13.859 billion for the same period of last fiscal year.

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