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FBR collected Rs.2900bl from April-18 to July-19

Federal Board of Revenue collected as many as 2900 billion rupees from period April 2018 to July 2019 while the inflation rate during the period remained 8.8 percent.

According to the official sources, the FBR collected more than 2.8 percent as compared to the same period of the previous fiscal year while it received remittances of 17.8 billion dollars during the period which increased by 8.45 percent as compared to the previous fiscal year.

The export of the country remained stood at worth 20 billion dollars while it was decreased by 1.9 percent. Besides that import also witnessed a decline of 4.90 percent.

During the period the trade deficit stood at 23. 93 billion dollars while it reduced by 7.98 percent in respect to the previous year.

The FBR said that the government took worth of 4967 billion rupees loans from the central bank.

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