Tue, 21-Oct-2025

Trade deficit shrinks by 30pc to $3.36bn in January

The country’s trade deficit shrank by 30.19% to US$ 3.36 billion in January 2022 against the deficit of $4.8 billion in December 2021. “Our import bill which was recorded at US$7.6 billion last month (December 2021) had declined to $5.9bn in January, 2022, showing a decline of 22%,” Spokesman for the Finance Minister, Muzammil Aslam … Read more

The great LNG crunch

lng

Despite all the hue and cry around gas shortages, Pakistan has not been able to develop any new liquefied natural gas (LNG) terminals since 2017, while smooth commercial import of the scarce commodity still remains a far cry. Energy is a very tricky subject as far as Pakistan is concerned, where the industrialists, compressed natural … Read more