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Pakistanâ€™s six-month trade deficit drops to $9.871 billion

Source: Dawn News | 14-01-2013

Pakistan’s trade deficit narrowed by 14 per cent for the first six months of the fiscal year 2012/13, to $9.871 billion, compared to the same period last year, the Pakistan Bureau of Statistics said.

Exports rose 7.58 per cent to $12.051 billion during the July-Dec period compared to the same period last year,and imports eased to $21.922 billion from $22.678 billion.

On a monthly basis, the trade deficit fell to $1.703 billion in December from $1.711 billion the previousmonth.Exports totaled $1.969 billion in December and imports were $3.672 billion.

Proper legislation can provide protection to overseas investors

Source: The Nation | 26-03-2013

The overseas Pakistanis bring $14 billion through bank transactions and another $28 billion through Hawala (money transferred through a network of brokers) every year, totaling $42 billion.“ If government serves its overseas Pakistanis and take initiatives by providing them incentives then they can play a vital role in boosting Pakistan’s ec..... Read more

European stocks rebound

Source: Dunya News | 17-04-2014

European stock markets rallied on Wednesday, rebounding from the previous day s losses on better-than-expected company earnings and Chinese growth data that also lifted Asian indices and Wall Street. Shares had ended sharply lower on Tuesday as the escalating military crisis in Ukraine spooked investors, traders said. In midday deals on Wednesday, London s..... Read more

NEPRA raises power tariff by Rs1.12 per unit

Source: GEO News | 19-06-2013

ISLAMABAD: In what appears to be yet another blow to the masses already bearing the brunt of an unprecedented price hike in the country, the National Electric Power Regulatory Authority (NEPRA) has increased electricity tariff by Rs1.12 per unit, Geo News reported Wednesday. The price was increased on account of fuel adjustment for the month of May. ..... Read more

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