Services trade deficit shrinks 42.96% in FY 2019-20

The country’s services trade deficit witnessed sharp decline of 42.96 percent during the financial year 2019-20 as compared to the corresponding period of last year.

According to trade statistics released by the Pakistan Bureau of Statistics during the period under review, the country’s services exports declined by 8.66 percent, whereas services’ imports narrowed by 24.25 percent.

 

Source: Radio Pakistan