This is a financial emergency,” says PBF CEO, Ahmad Jawad. photo: fileThe consistent depreciation of the rupee is deepening the economic crisis in the country said the Pakistan Business Forum (PBF), as its leaders called upon the State Bank of Pakistan (SBP) to take necessary measures to stop market speculation and resolve the issue. “Is it not shameful for Pakistan that we rejoice in repaying the $1 billion Sukuk, but don’t take any steps to save the dollars we are wasting. This is a financial emergency,” lamented Jawad. Published in The Express Tribune, December 6th, 2022.

Source: The Express Tribune December 07, 2022 00:11 UTC