Connect with us

Latest News

Pakistan’s July 2024 exports increased by 11.83%.

Published

on

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).

Latest News

Enhancing Pakistan-Bahrain Collaboration: Tarar Highlights Fortifying Media Connections Between Pakistan and Bahrain

Published

on

By

Attaullah Tarar, the Minister of Information and Broadcasting, has underlined the importance of strengthening cooperation between Bahrain’s and Pakistan’s official media organizations.
He proposed news sharing between the Bahrain News Agency (BNA) and the associated Press of Pakistan (app) during a meeting with Bahrain’s Minister for Information, Ramadan Bin Abdullah Al-Noaimi, in Riyadh. Attaullah Tarar stated that media delegation exchanges are essential to enhancing media cooperation.
According to the information minister, Pakistan and Bahrain have very close fraternal ties that are founded on shared history, religion, and culture.
Pakistan’s economy is heading in the right direction, according to Attaullah Tarar.
Additionally, he stated that Pakistan offers great prospects for foreign investors to make investments.
According to Bahrain’s Information Minister, the country cherishes its relationship with Pakistan.
He reaffirmed Bahrain’s determination to further strengthen media cooperation.

Continue Reading

Latest News

Mandi Bahauddin District Jail: MNA Launches Improvement Initiatives at Jail

Published

on

By

During his visit to District Jail Mandi Bahauddin, Member of the National Assembly Chaudhry Nasir Iqbal Bosaal officially opened a number of development projects, including the recently built jail building.
Chaudhry Nasir Iqbal Bosaal mna was welcomed at the District Jail by Superintendent Jail Haq Nawaz, Deputy Superintendent Sheikh Arif Nisar, Shahzad Aslam Jaja, and other jail staff. The Jail’s cadre saluted and presented a guard of honor.
He treated sick inmates admitted to the hospital, established other development projects, including the recently built jail facility, and toured several barracks, mills, anchorage, juvenile ward, and jail hospital.
at addition to planting a sapling at the jail as part of the tree plantation campaign, Chaudhry Nasir Iqbal Bosal MNA expressed gratitude for Superintendent Jail Haq Nawaz’s efforts and offered prayers for the nation’s growth and prosperity.

Continue Reading

Latest News

Under the auspices of Ombudsman Punjab, an awareness seminar was held at the Government Mc High School in Nakana Sahib.

Published

on

By

The ombudsman Punjab Nankana Sahib Region held an awareness seminar at Government Captain Hassan Nawaz Shaheed MC High School.
The CEO of the District Education Authority, Shazia Bano, chaired the seminar. Advisor Malik Muhammad Aslam and District Education Officer Secondary Dr. Saima Zafar were among the educators, students, and education officers that attended the session.
In his speech to the seminar, Malik Muhammad Aslam stated that people are aware of their rights and that our goal is to eradicate institutional corruption and poor management.Everyone must do their share to improve institutions. The provincial ombudsman’s awareness campaign was deemed beneficial by civil society representatives, educators, and students, who said it provided them with information about the institution’s significance and what to do in the event of a complaint.Teachers and students reaffirmed their commitment to playing their part in raising public knowledge of the ombudsman.

Continue Reading

Trending