Govt continues economic stabilisation efforts under SIFC

Govt continues economic stabilisation efforts under SIFC

Islamabad (Web Desk): The government is continuing its economic stabilization efforts with the support of Special Investment Facilitation Council (SIFC).

According to Pakistan Bureau of Statistics, the trade deficit decreased from $7.3 billion to $6.9 billion during the first four months of current fiscal year.

Exports registered an increase of 13%, reaching $10.8 billion as compared to $9.5 billion during the corresponding period last year.

Meanwhile, a budget surplus of Rs1.7 trillion has been recorded in the first quarter. Remittances crossed $3billion mark in the month of October.