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Pakistan’s trade deficit hits unprecedented level of 16.8 billion dollars

Sunday, May 11, 2008 at 8:32 pm Under Business News 


KARACHI: Pakistan’s trade deficit hits unprecedented level of 16.8 billion dollars till April in the current fiscal year.

Chairman Federal Board of Revenue, Abdullah Yousuf has said the trade deficit could not be born forever and therefore the tax net target will have to be raised to Rs1500 billion.

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