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

ISLAMABAD – PTI government policies have saved $2 billion deficit forPakistan.

$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 tradedeficit, 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 inJuly-December 2017 has shrunk by five percent to 16.8 billion dollars inthe corresponding period last year.

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

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