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Pakistan’s trade deficit narrows by 42 pct in Q1 of 2023-24 fiscal year

ISLAMABAD, Oct. 3 (Xinhua) — Pakistan’s trade deficit in the first quarter of the current fiscal year starting from July 2023 to June 2024 witnessed a decline of over 42 percent as compared to the same period of last fiscal year, the Pakistan Bureau of Statistics (PBS) said.

Based on the difference between exports and imports figures, the trade deficit was recorded at 5.289 billion U.S. dollars for the July-Sep