Pakistan’s trade deficit widened by 44% in July, reaching $2.75 billion, according to official data. The surge is attributed to rising imports outpacing exports, raising concerns over the country’s external account stability and increasing pressure on foreign exchange reserves.
Pakistan’s trade deficit rose 44% to $2.75 billion in July due to higher imports and slower export growth. The widening gap poses challenges for the economy, potentially straining reserves and impacting currency stability.
Pakistan trade deficit, imports and exports, economic challenges
