Wednesday , April 21 2021
Breaking News
Home / Breaking News / Pakistan earns $224m from export of travel services in 1HFY21
Pakistan earns $224m from export of travel services in 1HFY21

Pakistan earns $224m from export of travel services in 1HFY21

ISLAMABAD: Pakistan earned US $224.120 million by providing different travel services in various countries during the first half of current financial year 2020-21.

This shows decline of 18.54 percent as compared to US $275.114 million same services were provided during the corresponding period of fiscal year 2019-20, Pakistan Bureau of Statistics (PBS) said.

During the period under review, the personal travel services decreased by 17.98 percent, from US $272.224 million last year to US $223.290 million during July-December (2020-21).

Among these personal services, the exports of personal expenditure however rose by 44.26 percent while the education related expenditure however witnessed a decrease of 13.21.

In addition, the other personal services also decreased by 18.24 percent, out of which religious and other travel services witnessed decline 94.19 and 18.10 percent respectively.

Meanwhile, the exports of business services also dipped by 71.28 percent, from US $2.890 million to US $0.830 million, the PBS data revealed.