Services sector exports down

Published June 13, 2007

ISLAMABAD, June 12: The service sector’s exports came down by 1.77 per cent in the first 10 months of the current fiscal year between July and April over the same months of last year, Federal Bureau of Statistics (FBS) said on Tuesday.

The services export proceeds totalled $3.068 billion in the 10 months of 2007-08 as against $3.124 billion over the same months of last year.

On monthly basis, the export of services witnessed a decline of 29.57 per cent to $278.963 million in April 2007 as against $396.096 million over the same month of the last year.

According to statistics, imports of services climbed by 2.75 per cent to $6.855 billion during the July-April period of the current fiscal year as against $6.672 billion over the same period of last year.

On monthly basis, the import of services rose by 9.70 per cent to $677.305 million during the month of April 2007 as against $617.397 million over the same month of the last year.

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