Trade Deficit

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Middle East Conflict Could Push Pakistan’s Inflation to 17% and Widen Trade Deficit: PIDE Report

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Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil supply routes. A recent report by the Pakistan Institute of Development Economics warns that a full-scale regional crisis could drive international oil prices sharply higher and significantly impact Pakistan’s economy. The report highlights a worst-case […]

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Pakistan Urged to Cut $50 Billion Trade Deficit as Iran to Import 300,000 Tons of Rice

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Federal Minister for Food Security Rana Tanveer Hussain on Friday emphasized the urgent need for Pakistan to boost exports and reduce its trade deficit, which currently stands at $50 billion. Speaking to the media in Lahore, the minister highlighted that countries like Singapore, Thailand, and Vietnam have successfully advanced their economies through the services and […]

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