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Services exports up by 4.06pc in four months

The exports of services from the country witnessed growth of 4.06 percent during the first four months of the current fiscal year as compared to the corresponding period of last year.

The services exports during July-October (2017-18) were recorded at $1663.39 million against the exports of $1598.42 million during July-October (2016-17), according to the latest data released by Pakistan Bureau of Statistics (PBS).

The imports of services into the country also increased from $3129.48 million lastyear to $3323.37 during the current year, showing positive growth of 6.2 percent.

Based on the figures, the services trade deficit during the first four months of the current fiscal year witnessed growth of 8.42 percent by going up from the deficit of $1531.06 million last year to $1659.54 million during the current fiscal
year.

Meanwhile, on year-on-year basis, the services exports

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