By News desk
KARACHI: Reacting to measures taken by the government to save fast depleting foreign reserves, former finance miniser Hammad Azhar has termed the ban on luxury items ‘inconsequential’ given the low quantum of non-oil current account deficit which hovers around $1 billion.
In a tweet, he asked for the percentage of the total import bill these banned items constitute.
“These measures will affect millions of traders and shopkeepers and have negative impact on bilateral trade,” Azhar said, adding that the government steps will also give rise to smuggling and ‘hundi’.
Chief Minister’s Advisor on Information and Public Relations Barrister Dr Saif addresses to the media. —...
Khyber Pakhtunkhwa Information Technology Board and the Special Technology Zones Authority signs an agreement in a...
Provincial Ombudsman Syed Jamaluddin Din Shah addresses an event. — Facebook/Provincial Ombudsman "Mohtasib"...
A billboard can be seen with the Benazir Income Support Programme written on it. — APP FileMANSEHRA: People with...
A representational image shows members of a Jirga sitting while an elder speaks. — AFP/FileLAKKI MARWAT: Marwat...
A health worker, escorted by a police officer, administers polio vaccine drops to a child during a vaccination...