ISLAMABAD\u00a0\u00a0 –\u00a0 Pakistan earned US $224.12\u00a0million\u00a0by providing different travel services in various countries during the first half of current financial year 2020-21.<\/p>\n\n\n\n
This shows decline of 18.54 percent as compared to US $275.114 million same services were provided during the corresponding period of fiscal year 2019-20, Pakistan Bureau of Statistics (PBS) said. During the period under review, the personal travel services decreased by 17.98 percent, from US $272.224 million last year to US $223.29 million during July-December (2020-21).<\/p>\n\n\n\n
Among these personal services, the exports of personal expenditure, however, rose by 44.26 percent while the education related expenditure, however, witnessed a decrease of 13.21. In addition, the other personal services also decreased by 18.24 percent, out of which religious and other travel services witnessed decline 94.19 and 18.10 percent respectively.<\/p>\n\n\n\n
Meanwhile, the exports of business services also dipped by 71.28 percent, from US $2.890 million to US $0.830 million, the PBS data revealed.<\/p>\n\n\n\n
It is pertinent to mention here that the services trade deficit of the country during the first half of financial year (2020-21) decreased by 42.41 percent as compared to the corresponding period of last year.<\/p>\n\n\n\n
During the period from July-December, 2020-21, services exports increased by 0.31 percent, whereas imports reduced by 15.68 percent, according the data released by PBS.<\/p>\n\n\n\n
The services worth US $2.844 billion exported during the period under review as compared the exports of US $2.835 billion in same period of last year, whereas imports of services into the country was recorded at US $3.821 billion as against the imports of US $4.532 billion, the data revealed.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD\u00a0\u00a0 –\u00a0 Pakistan earned US $224.12\u00a0million\u00a0by providing different travel services in various countries during the first half of current financial year 2020-21. This shows decline of 18.54 percent as compared to US $275.114 million same services were provided during the corresponding period of fiscal year […]<\/p>\n
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