Data released by PBS depicts final position: Razzak Dawood clarifies

News Image

MG News | January 06, 2022 at 01:48 PM GMT+05:00

0:00

January 6, 2022 (MLN): Amidst confusion about Pakistan’s merchandise trade deficit numbers, Razak Dawood, Advisor to the Prime Minister on Commerce and Investment has explained on Thursday that why there exists a discrepancy between his tweeted figures on January 2, 2022, and actual figures released by PBS later.

Trade figures released by the Pakistan Bureau of Statistics (PBS) depict the final position, he clarified.

In a series of Tweets, he informed, “Early figures are usually received in raw form as the goods are imported at various customs stations.

It is clarified that the Ministry of Commerce (MoC) usually releases the provisional pre-PBS, he added.

He further stated, “This data is compiled by the Pakistan Revenue Automation Limited (PRAL) which is processed further by the Pakistan Bureau of Statistics (PBS) & released in the first week of the month.”

As per the trade numbers revealed by Razzak Dawoon on January 2, 2022, imports during Dec 2021 stood at $6.9bn whereas the data released by the Pakistan Bureau of Statistics (PBS) yesterday noted that the total import bill during the same month clocked in at $7.59bn.

On the export front, he shared that during Dec 2021, Pakistan’s exports increased to $2.761bn. However, the PBS data showed that exports are clocked in at $2.74bn. 

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg