A 40% reduction in trade deficit has been recorded during the current financial year.
According to the Bureau of Statistics, there was a trade deficit of 25 billion 79 million dollars between July and May of this financial year.
According to the report, the trade deficit during the same period last financial year was 43 billion 40 million dollars.
According to the Institute of Statistics, during the period from July to May, exports were 25 billion 36 million dollars and imports were 51 billion dollars.
According to the report, the exports between July and May decreased by 12.14% compared to the previous financial year.
According to the Bureau of Statistics, during May 2023, exports decreased by 16.17 percent compared to May 2022.
According to the report, during the last month, exports were 2 billion 18 million dollars and imports were 4 billion 27 million dollars.
According to the Bureau of Statistics, it has become difficult to achieve the export target of 32 billion dollars this fiscal year.
According to the report, in contrast to the export target of 32 billion dollars, 25 billion 36 million dollars remained in 11 months.
A revenue target of 30 billion dollars has also been set for the next fiscal year 2023-24.
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