Pakistan In Focus - ECONOMIC TIMES OF PAKISTAN - Trade deficit narrows 35pc to 5.7 bn in q1.

Pakistan's trade deficit has narrowed nearly 35percent to $5.7 billion in the first quarter due to compression of imports but the government must now start worrying about exports that are not picking up despite an Rs80-billion hit on revenues and inflicting a huge cost to the economy.

Trade figures that the Pakistan Bureau of Statistics (PBS) released on Friday showed that exports fell in September over the preceding month but marginally increased on an annual basis despite over one-third depreciation of the...