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Industrialists express concern over 15% surge in Pakistan’s trade deficit in 1QFY27
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), expressed concern over the widening of Pakistan’s trade deficit during the first quarter of the fiscal year 2026-27 (1QFY27), read a statement on Monday. Responding to the latest official figures released by the Pakistan Bureau of Statistics (PBS), Sheikh cautioned that the escalating import bill threatens the country’s macroeconomic stability and will exert pressure on national foreign exchange reserves. He highlighted that the PBS data reveals that the trade deficit widened by 15.13% to re...
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