Dollar Outflow Jumps 112% in Five Months

In Pakistan, the outflow of dollars has surged by 112% over five months. From July to November 2024, the total dollar outflow amounted to $1.129 billion, compared to $532 million in the same period last year. This jump has been attributed to higher remittances and support from international financial institutions like the IMF and World Bank. The food sector alone accounted for the largest share at $247 million, followed by the financial, energy, tobacco, and oil sectors.