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declining exports

Pakistan trade deficit widens in first five months of FY 2016-17

ISLAMABAD: The volume of Pakistan's trade deficit has rose to around 20 percent as exports slumped by around four percent during first five months (July-November) of the ongoing financial year (FY2016-17). The country exported goods worth $8.2 billion during July-November period of the fiscal year as against $8.5 billion of the corresponding period of the previous year, according to the fresh data of Pakistan Bureau of Statistics (PBS). Exports are continuously declining since this government took charge in June 2013,…