Published on, Sept. 8 -- September 7, 2025 11:56 PM
The Pakistan Industrial and Traders Associations Front (PIAF) has expressed serious concern over the rapid deterioration in the country's external trade balance, warning that a 29 per cent widening of the trade deficit to $6 billion in just two months of the current fiscal year is an alarm bell for the entire economy.
PIAF Chairman Faheemur Rehman Saigol, in a joint statement along with Senior Vice Chairman Nasrullah Mughal and Vice Chairman Tahir Manzoor Chaudhary, said that stagnant exports and a double-digit jump in imports reflect the early signs of a flawed trade liberalisation policy that is exposing Pakistan to renewed external vulnerabilities at a time when foreign reserves rem...
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