Karachi Chamber have expressed their strong reaction to the current political and economic situation of the country
Karachi: The members of Karachi Chamber have expressed their strong reaction to the current political and economic situation of the country, they say that the current situation is not satisfactory at all.
In this regard, President Karachi Chamber Tariq Yusuf says that the political instability has also put the economic survival of Pakistan at stake. Find a solution.
Talking to the media, President Karachi Chamber expressed complete dissatisfaction over the political instability and said that the country’s sick economy and continuously decreasing exports are having more dire effects.
Tariq Yusuf said that at this time, everyone including all political parties should be on the same page, political tension should be reduced, numerous things are threatening Pakistan and its trade, many exporters are worried about the worst state of the economy. Expressing.
Ex-President Kati, Salim-ul-Zaman
Apart from this, the former president of Korangi Association of Trade and Industry Kati, Salim-ul-Zaman, expressed his concern about the economic situation and said that the economic data for the last 10 months of this year is very bad.
He said that they have been talking about economic difficulties for a year, which have now become true, the country’s exports are continuously decreasing, due to which the inflow of dollars has also decreased, import recovery was done by justifying the shortage of dollars.
Salim-ul-Zaman said that due to non-availability of imported raw materials, industrial production has been severely affected, due to which FBR’s tax collection has decreased significantly, besides this, the mini-budget has also created more difficulties.
