Business

Pakistan in financial emergency

2022-12-06
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Islamabad, Dec 6 (SocialNews.XYZ) The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF).

In a statement, PBF CEO Ahmad Jawad said: "Pakistan's economy continues to slump despite resumption of the much-awaited International Monetary Fund's (IMF) Programme. Finance Minister Ishaq Dar must announce a clear policy on the rupee to ease the pain of traders and to save the industries.

"We still have foreign debt of $130 billion and $73 billion due in three years. Our deficit for next three years is a......

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