Islamabad [Pakistan], December 30 (ANI): Increase in palm oil import prices has added to Pakistan’s trade deficit woes as it tries to cope with an increase in inflation and its dependence on external loans is increasing.
Edible oil is an essential food item in Pakistan and 80-90 per cent of its total demand is met by imported palm oil from Indonesia and Malaysia, according to Daily Times.
According to the United States De
Increase in palm oil import price adds to Pakistan’s trade deficit woes
