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 139,684.88
201.52M
0.92%
1272.63
ALLSHR 86,534.27
370.23M
0.97%
831.31
KSE30 42,703.15
83.90M
1.06%
448.30
KMI30 196,982.60
85.53M
1.48%
2873.01
KMIALLSHR 57,446.84
159.94M
1.29%
733.17
BKTi 37,927.83
13.97M
0.26%
96.49
OGTi 28,349.94
35.88M
3.31%
909.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,515.00 119,785.00
117,905.00
1895.00
1.61%
BRENT CRUDE 72.50 72.82
72.16
-0.74
-1.01%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.14 70.41
69.80
0.14
0.20%
SUGAR #11 WORLD 16.51 16.52
16.45
0.06
0.36%

Chart of the Day


Latest News
July 31, 2025 at 12:51 PM GMT+05:00

KIBOR jumps after SBP holds policy rate steady


July 31, 2025 at 12:06 PM GMT+05:00

Crescent Star Insurance resumes 'Guarantee Business'


July 31, 2025 at 12:01 PM GMT+05:00

Bawany Air Products back on PSX Normal Counter


July 31, 2025 at 11:20 AM GMT+05:00

Sitara Peroxide narrows annual loss by 77%



Top 5 things to watch in this week

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