Pakistan's trade deficit shrinks by 2.0 percent

[Zibago]

Pakistan's trade deficit shrinks by 2.0 percent
11 Nov, 2018

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Pakistan’s trade deficit has contracted by almost two percent during first four months of current fiscal year .

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The country’s trade deficit was recorded at 11.8 dollars billion during July-October period of the ongoing financial year as against 12 billion dollars of corresponding period of previous year, showing a decline of 1.97 percent.

According to the latest data of Pakistan Bureau of Statistics, trade deficit has been controlled due to the unexpected increase in exports as against the imports.

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The decline in trade deficit would help in controlling soaring current account deficit.

The current account deficit is the real threat to foreign exchange reserves of the country

 

[Maxpane]

Relief

 

[AZADPAKISTAN2009]

Just need to post a sign by Import office , no imports allowed for 6 months get a local vendor to supply same

 

[MBT 3000]

Just need to post a sign by Import office , no imports allowed for 6 months get a local vendor to supply same

stuff that can be bought in pakistan should also be there. no need for importing milk for example

 

[AZADPAKISTAN2009]

99% of deficit can be fixed in 30 days

TURN OFF THE TAP forget about measly taxation of goods , put a 100% stop on stuff we do not need or we have available locally

Only allow Fuel/Petrol / Gas in country plus some chemicals
Budget like 3 Billion Dollars for this stuff

1.0 Billion for Petrol/Oil
1.0 Billion for Gas
1.0 Billion for All other stuff (Chemicals , Rare Minerals)


Every thing else .... DO NOT IMPORT as people have habit to get excess

20 Billion Imports is ridiculous specially since we grow all food we need
we Bred all animal stock we need to eat well


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Wastage of 20 Billion explained

• Ban Chocolate , Ban Candies , Ban Cakes and Biscuits from overseas
• Ban Cheese , Ban Butter
• Ban Used cars
• Ban New cars
• Ban Motor cycles
• Ban Electronic gadgets (Camera , Phones , Computers, Radio , Game consoles)
• Ban Refrigerators
• Ban Cosmetics (Use water to wash face and use clean towel good enough)
• Ban exotic suits and designer textiles
• Ban electricity generator , which use Petrol as fuel
• Over excessive drinking of Imported Tea (Addiction)
• Ban TV monitors (All sizes for 2 years)
• Ban on Plastic bags

 

[Peaceful Civilian]

stuff that can be bought in pakistan should also be there. no need for importing milk for example

Also we pay high price for importing cheese. We need to ban imports on unnecessary items. Emergency measures required on temporary basis then with passing time and improving economy we can unban it.

 

[bafxet]

Its because of NS and Dar that the deficit hasn't shrinked substantially

 

[MBT 3000]

Also we pay high price for importing cheese. We need to ban imports on unnecessary items. Emergency measures required on temporary basis then with passing time and improving economy we can unban it.

agree

 

[AZADPAKISTAN2009]

We got no money in pocket but every one wants to live like British Queen and eat butter and cheese breakfast and watch games on 70 inch TV. Taking selfies on that 800 dollar phone

Khajoor bhi khani hai to Imported with Badam inside it