In 2024, exports from Pakistan will increase by 10.5 percent.

Compared to the previous year, imports into Pakistan have fallen 0.8% to $54.73 billion.

In 2024, the trade deficit shrank to US$24.08 billion, a 12 percent improvement, showing a healthy trend.

Though imports rose 0.1% to $4.91 billion in June 2024, exports fell 11% to $2.25 billion compared to May 2024.

Consequently, the trade deficit shrank to $2.39 billion in June 2024 from May 2024, an increase of 15%.

Premier Shehbaz Sharif stated earlier on Monday that growing exports is the government’s top priority, and steps are being taken to achieve this goal using funds from the current federal budget.

When a group of influential businesspeople met with the prime minister in Islamabad, he made these comments.

New job prospects and economic stability would result from investments in industry, agriculture, and IT, according to Prime Minister Shehbaz.

As far as the economy is concerned, he assured the people that everything was covered in the budget and that the country is heading in the right path.