Pakistan Trade Deficit

The current trade between India and Pakistan is at a little over USD 2 billion, much below than the potential, and can go up to USD 37 billion if the two countries tear down artificial barriers like lack of connectivity, trust deficit and complicated and non-transparent non-tariff measures, according to a World Bank Report.

A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...

Pakistan's trade deficit ballooned by 42 per cent year-on-year to an all-time high of USD 30 billion in the first 11 months of the current fiscal year on the back of falling exports and a sharp increase in the import bill, a media report said today.

The current trade between India and Pakistan is at a little over USD 2 billion, much below than the potential, and can go up to USD 37 billion if the two countries tear down artificial barriers like lack of connectivity, trust deficit and complicated and non-transparent non-tariff measures, according to a World Bank Report.

A group of US senators has warned that Pakistan is likely to face debt distress due to rising current account deficit and external obligations linked to the China Pakistan Economic Corridor or CPEC. The new government in Pakistan led by Prime Minister Imran Khan has already indicated it may pursue a bailout by the International Monetary Fund. Analy...

Pakistan's trade deficit ballooned by 42 per cent year-on-year to an all-time high of USD 30 billion in the first 11 months of the current fiscal year on the back of falling exports and a sharp increase in the import bill, a media report said today.