Islamabad: Since the beginning of the current fiscal year, a total increase of 5.42 billion dollars has been recorded in the country’s foreign exchange reserves.
According to the State Bank, at the end of the last financial year, the volume of foreign exchange reserves with Pakistan was recorded at 9.160 billion dollars.
Moreover, the volume of bilateral trade between Pakistan and East Asian countries has increased significantly in the first 10 months of the current financial year, with exports recording a 25.38 percent year-on-year increase and imports from these countries recording a 26.07 percent increase.
On the other hand, domestic production of tractors in the country has increased by 54.72% on annual basis in the first 10 months of the current financial year.
According to the data of Pakistan Automobile Manufacturing Association, the domestic production of 39564 units of tractors was recorded in the country during the period from July to April 2024, which is 54.72% more than the same period of the previous fiscal year.