PTI government policies start to show result, $2 billions deficit shrinks

PTI government policies start to show result, $2 billions deficit shrinks
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ISLAMABAD - PTI government policies have saved $2 billion deficit for Pakistan.

$1 billion had been increased in foreign remittances that grew to $10.6 and $1 billion has been saved in trade deficit in first half of fiscal year.

The government’s policy measures have resulted in shrinking of trade deficit, decline in imports and increase in exports.

This has been stated in a statement issued by Finance Ministry in Islamabad.

At said the trade deficit that stood at 17.7 billion dollars in July-December 2017 has shrunk by five percent to 16.8 billion dollars in the corresponding period last year.

It said the overall imports from July-December 2018 have shrunk by over two percent.

The statement said the trade balance in December last year shrunk by nineteen percent as compared to December 2017.

Economy