{"id":88557,"date":"2025-10-16T22:35:39","date_gmt":"2025-10-16T17:35:39","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=88557"},"modified":"2025-10-16T22:35:39","modified_gmt":"2025-10-16T17:35:39","slug":"pakistans-trade-deficit-widens-as-exports-decline-imports-surge","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistans-trade-deficit-widens-as-exports-decline-imports-surge\/","title":{"rendered":"Pakistan&#8217;s trade deficit widens as exports decline &#038; imports surge"},"content":{"rendered":"<p>ISLAMABAD: In a recent development, the former Minister of Finance, Miftah Ismail, has stated that Pakistan&#8217;s trade deficit has increased by 34% due to a decline in exports and a surge in imports.<\/p>\n<p>Miftah on his social media platform X stated that according to recent data, exports dropped by $300 million or 4% in the first three months of the quarter, while imports rose by $2 billion or 14%. This imbalance has raised concerns about the country&#8217;s economic stability.<\/p>\n<p>Experts attribute the decline in exports to high income and sales tax rates, electricity and gas prices, and inefficiency in governance.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Our exports in the first 3 months of this quarter are down by $300 mn or 4%, imports up by $2 bn or 14% and trade deficit up by $2.4 bn or 34%. This is worrying.<\/p>\n<p>With income and sales tax rates some of the highest in the whole world, electricity and gas prices highest in the\u2026 <a href=\"https:\/\/t.co\/8fNahoZP9M\">pic.twitter.com\/8fNahoZP9M<\/a><\/p>\n<p>\u2014 Miftah Ismail (@MiftahIsmail) <a href=\"https:\/\/twitter.com\/MiftahIsmail\/status\/1978808017480298601?ref_src=twsrc%5Etfw\">October 16, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>To address this issue, the government is urged to reduce the burden of its inefficiency and corruption on companies and people.<\/p>\n<h3>Key Statistics:<\/h3>\n<ul>\n<li>Trade Deficit Increase: $2.4 billion or 34%<\/li>\n<li>Export Decline: $300 million or 4%<\/li>\n<li>\u00a0Import Growth: $2 billion or 14%<\/li>\n<\/ul>\n<p>The government needs to take measures to promote exports, control imports, and improve the business environment to stabilize the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: In a recent development, the former Minister of Finance, Miftah Ismail, has stated that Pakistan&#8217;s trade deficit has increased by 34% due to a decline in exports and a surge in imports. Miftah on his social media platform X stated that according to recent data, exports dropped by $300 million or 4% in the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":16735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9],"tags":[6698,31726],"class_list":["post-88557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","tag-trade-deficit","tag-former-finance-minister-miftah"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88557","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=88557"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88557\/revisions"}],"predecessor-version":[{"id":88558,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88557\/revisions\/88558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/16735"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=88557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=88557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=88557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}