WASHINGTON: The trade deficit rose in February to the highest level in six months as the growth in imports outpaced a modest rise in exports.
The Department of Commerce said the trade gap widened to US$47.1 billion, up 2.6 percent from a January imbalance of US$45.9 billion.
Exports increased 1 percent to US$178.1 billion, boosted by increased sales of US-made autos. Imports were up 1.3 percent to US$225.1 billion, despite a drop in oil imports which fell to the lowest level in 13 years.
ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...
KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...
ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...
