{"id":45487,"date":"2024-08-19T14:12:19","date_gmt":"2024-08-19T09:12:19","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=45487"},"modified":"2024-08-19T14:12:19","modified_gmt":"2024-08-19T09:12:19","slug":"pakistan-petroleum-import-bill-receives-hike-by-40","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistan-petroleum-import-bill-receives-hike-by-40\/","title":{"rendered":"Pakistan petroleum import bill receives hike by 40%"},"content":{"rendered":"<p>ISLAMABAD: Pakistan&#8217;s <a href=\"https:\/\/dailyausaf.com\/en\/business\/govt-announces-massive-decrease-in-petrol-prices-check-latest-rates-here\/\">petroleum import bill<\/a> surged to $1.22 billion in July 2024, marking a significant year-on-year increase of 39.97% from $874.76 million in July 2023, as reported by the <a href=\"https:\/\/dailyausaf.com\/en\/business\/mobilink-bank-introduces-affordable-e-bike-loans-for-a-greener-future\/\">State Bank of Pakistan (SBP)<\/a>.<\/p>\n<p>However, there was a month-on-month decline of 16.08% compared to June 2024, when the bill was $1.46 billion.<\/p>\n<p>Petroleum products represented 25.41% of the total import bill, which rose by 16.34% year-on-year to $4.82 billion. Every month, imports increased by 4.08% from $4.63 billion in June 2024.<\/p>\n<p>The transport sector experienced a decrease in its import bill, down by 4.81% year-on-year to $147.78 million from $155.25 million in July 2023.<\/p>\n<p>Following petroleum, the highest imports were in the Machinery Group and Agricultural and Other Chemicals, with values of $897.51 million and $801.54 million, respectively.<\/p>\n<p>Imports of agricultural and other chemicals fell by 1.17% year-on-year but increased by 20.11% month-on-month to $801.54 million. Food imports decreased by 15.22% year-on-year to $535.52 million in July from $631 million.<\/p>\n<p>Food imports decreased by 15.22% year-on-year to $535.52 million in July from %631.67 million last year, although they rose by 26.87% from $422.1 million in June 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan&#8217;s petroleum import bill surged to $1.22 billion in July 2024, marking a significant year-on-year increase of 39.97% from $874.76 million in July 2023, as reported by the State Bank of Pakistan (SBP). However, there was a month-on-month decline of 16.08% compared to June 2024, when the bill was $1.46 billion. Petroleum products represented [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":40453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[599,20586,20585],"class_list":["post-45487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-state-bank-of-pakistan","tag-petroleum-import","tag-petroleum-import-bill"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=45487"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45487\/revisions"}],"predecessor-version":[{"id":45489,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/45487\/revisions\/45489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/40453"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=45487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=45487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=45487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}