ISLAMABAD: Gold imports during first half of the fiscal year 2012-13 grew 29.15% against the same period of the last year. According to data revealed by the Pakistan Bureau of Statistics (PBS), 2,054 kilogrammes (kg) of golf valued at $111.185 million was imported during the period compared to imports of 1,594kg worth $86.091 million in the corresponding period of last year. On a month-on-month basis, gold imports in December 2012 registered an increase of 85.56% and 121.96% when compared to the imports during the months of December 2011 and November 2012 respectively. Gold imports in December stood at $36.373 million against $19.602 million and $16.387 million in December 2011 and November 2012 respectively. The overall imports of metal group, registered an increase of 11.03% during the period. Metal imports during the period under review were recorded at $1.529 billion against imports of $1.38 billion during same period last year.
Published in The Express Tribune, February 5th, 2013.
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