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UBG chief expresses concern over trade deficit
KARACHI: United Business Group (UBG) President Zubair Tufail has expressed concern over Pakistan’s trade deficit reaching $10.8 billion during the first quarter of the current fiscal year. He said that although exports recorded a significant year-on-year increase in September 2026, the rapid growth in imports remains a major challenge to the country’s trade balance. He stressed that the government must adopt an immediate and comprehensive strategy to increase exports while effectively managing the import bill, as a persistently widening trade deficit could increase pressure on the country’s fo...
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