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‘External trade once again flashing warning signal’
KARACHI: Pakistan’s external trade is once again flashing a warning signal, as export growth loses momentum while imports continue to rise sharply. This widening divergence between exports and imports is putting renewed pressure on the country’s trade balance and contributing to a further expansion of the trade deficit, said Ateeq ur Rehman economic & financial analyst. The exporters problems lies in high production and manufacturing cost like severe pressure of high electricity and gas tariffs, record fuel prices, high mark ups, expensive financing, heavy taxation, delayed refunds, regula...
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