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Pakistan’s July 2024 exports increased by 11.83%.

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According to a study released by the Pakistan Bureau of Statistics (PBS) on Friday, there was an 11.83% rise in Pakistan’s exports in the first month of the fiscal year 2024–25 by comparison with the same month the previous year.

The most recent statistics from PBS shows that in July 2024, exports totalled $2.308 billion, compared to $2.064 billion in July 2023.

However, compared to last July’s imports of $3.691 billion, imports into the nation climbed by 15.30 percent to $4.256 billion during the month.

Estimates for the trade deficit for the month under review reflect a 19.71 percent increase to $1.948 billion from the $1.627 billion deficit in the previous year.

Comparing June 2024’s exports of $2.558 billion to June 2024’s exports, the country’s monthly exports fell by 9.77 percent.

As compared to the $4.964 billion in imports in June 2024, the imports likewise saw a fall of 14.27%, according to PBS.

However, for the fiscal year 2023–2024, the value of services exported rose by 2.7%, from $7.595 billion to $7.806 billion.

Additionally, there was a 17.14% surge in services imports this year, rising from $8.638 billion to $10.119 billion.

The data indicates that the trade deficit for services increased by 121.76 percent from $1.043 billion in July–June (2022–2023) to $2.313 billion in July–June (2023–24).

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Iranian President Offers Condolences for Kurram Terrorist Attack

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Masoud Pezeshkian, the president of Iran, has expressed his sorrow for the recent terrorist assault in Pakistan that claimed dozens of lives and denounced the crime.

The Iranian president said that all types of terrorism must be denounced in a statement. In addition to the relatives of the attack victims, he sent his sympathies to the people and government of Pakistan.

“I will stand by its friendly and brotherly country, Pakistan, and will seriously pursue the fight against terrorism to enhance security and stability in the region,” he added.

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It’s unfortunate that political points were scored. Claims Against Saudi Arabia Show a Desperate Attitude: Dar

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According to Senator Mohammad Ishaq Dar, the deputy prime minister and foreign minister, accusing Saudi Arabia of gaining political points is a sign of a desperate attitude.

In response to the PTI founder’s spouse’s remarks on Saudi Arabia, the Deputy Prime Minister stated, “Pakistan and Saudi Arabia are close friends and brothers.”

According to Dar, Saudi Arabia’s path of growth and prosperity is something they greatly admire. The nation of Pakistan takes pride in its strong ties with Saudi Arabia, which has supported it no matter what.

He said it is unfortunate and shows a desperate attitude to “implice Saudi Arabia for petty political point scoring.”

In order to prevent any political forces from jeopardizing Pakistan’s foreign policy, the deputy prime minister of their political objectives.”

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Examining Drug Mafia: Balochistani Smuggling Operation Started

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Two drug dealers were detained and an international narcotics deal was thwarted in Balochistan by government institutions.

A significant amount of crystal ice was taken from the individuals who were arrested.

The 70 kg of illegal goods that were found are valued about $1 million on the global market.

The arrested person’s cell phone also yielded contact information for the international drug gangs from Afghanistan and Britain.

The Pakistan Security Forces are dedicated to making the nation drug-free.

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