BusinessPakistan's Trade Deficit Hits $4.07 Billion in April Amid Global Oil Shock
Pakistan's trade deficit surged to $4.07 billion in April, the highest since June 2022, due to a 43.5% month-on-month increase driven by soaring oil and gas prices amid Middle East conflict disruptions. The import bill rose 28.41% to $6.55 billion, while exports declined 7.14% in the first three quarters of FY26, worsening the fragile economy and balance of payments.
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