Monday, August 25, 2014

Economic trends in Pakistan

Stock exchange and economic trends in Pakistan
Due to the positive and upward trend in the stock exchange, the investors will become confident and the morale will be high. The risk will be low in investing which encourage new investors to enter into the market. The investors will maximize their wealth in this scenario. Exports during the first ten months (July-April) of the current fiscal year reached to US$ 20,997 million rising from US$ 20,143 million in the same period last year thereby witnessing a growth of 4.24 percent. Imports during the first ten months (July-April), showed a growth of 1.2 percent compared with the same period of last year and reached to $37,105 million against $36,665 million same period last year. Trade account balance recorded a marginally higher deficit during Jul-April, FY14, compared to same period last year. Trade account deficit increased by 2.8 percent in Jul-April, FY14. Pakistan is framing its import and export policy in such a way that the supply of essential commodities does not fall and they are provided at the reasonable price within the country.

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