Telecom imports fall 0.66% in 11 months

BusinessTelecom imports fall 0.66% in 11 months

ISLAMABAD, Pakistan: The imports of telecom sector related items into the country fell by 0.66 percent in first 11 months (July-May) of current fiscal year (2015-16) as compared to same period of last year.

The telecom imports decreased to $1.256 billion during the period July-May (2015-16) from $1.265 billion during same period of the year 2014-15.

According to latest data released by Pakistan Bureau of Statistics (PBS), on month-on-month basis, the telecom imports also declined by 10.38 per cent from $110.715 million in April 2016 to $99.227 million in May 2016.

On year-on-year basis, the telecom imports however posted a growth of 15.92 per cent as the imports in May, 2015 were recorded at $85.6 million.

The import of mobile phone during first 11 months of current year posted a growth of 5.11 per cent from $653.813 million during first 11 months of current fiscal year to $687.249 million during the period of current fiscal year.

On year-on-year and month-on-month basis the mobile phone import decreased by 10.55 per cent in May, 2015 and 16.35 per cent in April, 2016 respectively when compared to the imports of May 2016.

The mobile imports decreased from $58.035 million in May 2015 and $62.059 million in April 2016 to $51.911 million in May 2016.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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