PAKISTAN’S monthly trade deficit ballooned to $4.07bn last month, its highest level since June 2022, further straining the fragile economy. The dramatic spike was triggered by an equally sharp surge in imports that overwhelmed a tepid export recovery. The 43.5pc month-on-month jump in the trade gap from $2.84bn in March was anticipated due to energy supply disruptions due to the Middle East conflict, sending oil and gas prices skyrocketing. It was no secret that the global fuel price shock, which has caused an upheaval........

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