Pakistan trade deficit registers significant decline

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Pakistan trade deficit registers significant decline

ISLAMABAD - Federal Minister for Information Fawad Chaudhry has revealed that countries' exports increased by 4.5 percent during the month of December while the trade deficit reduced up to five hundred forty million dollars, having a very pleasant impact on the national economy.

He said it was the outcome of Prime Minister and his economic team's extensive and prudent efforts to deal with the current account and fiscal deficit issues with the active support of friendly countries.

He said government's efforts to boost exports and reduce imports have also been fruitful.

He said government is also endeavoring to provide ease of doing business to the foreign and local investors to promote economic activities and create jobs.

Economy