ISLAMABAD: Servi­ces exports increased by 16.59 per cent year-on-year in April, marking the third consecutive month of growth following four months of contraction, according to data released by the Pakistan Bureau of Statistics on Tuesday.

Exports reached $646.03 million from $554.10m in the corresponding month last year. On a month-on-month basis, the services export posted a negative growth of 7.57pc.

In rupee terms, the export of services grew 13.81pc in April to Rs179.68bn against Rs157.88bn in the corresponding month last year.

The export of services was up 1.18pc to $6.44bn in 10MFY24 against $6.36bn. In rupee terms, they recorded a massive improvement of 19.44pc to Rs1.82 trillion against Rs1.53bn in 10MFY23.

Published in Dawn, June 5th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Smog hazard
Updated 05 Nov, 2024

Smog hazard

The catastrophe unfolding in Lahore is a product of authorities’ repeated failure to recognise environmental impact of rapid urbanisation.
Monetary policy
05 Nov, 2024

Monetary policy

IN an aggressive move, the State Bank on Monday reduced its key policy rate by a hefty 250bps to 15pc. This is the...
Cultural power
05 Nov, 2024

Cultural power

AS vital modes of communication, art and culture have the power to overcome social and international barriers....
Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.