Pakistan's Oil, Food Import Bill Jumps 73%

Pakistan’s oil and food import bill surged 73% to $14.97 billion in the July-December period compared with $8.67 billion a year ago, Dawn reported, saying the jump was due to higher international prices and a massive depreciation of the rupee.

The share of these products in the total import bill also rose to 37% during the six-month period, data released by the Pakistan Bureau of Statistics showed.

Read the full report: Dawn.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.