Pakistan, Nov. 9 -- The Pakistan Industrial and Traders Associations Front (PIAF) has expressed serious concern over the widening trade deficit, warning that the growing imbalance between imports and exports is increasing pressure on foreign exchange reserves, undermining economic stability and prolonging the country's dependence on external borrowing.

PIAF Chairman Faheemur Rehman Saigol, Senior Vice Chairman Nasrullah Mughal and Vice Chairman Tahir Manzoor Chaudhry, in a joint statement, said the latest trade figures reflected deep-rooted structural weaknesses in the economy and highlighted the urgent need for a comprehensive strategy to strengthen exports, promote domestic production and reduce unnecessary imports.

They observed that...