KARACHI: Tariq Haleem, Vice-chairman, UBG Standing Committee on Maritime Affairs, Communications and Gwadar Development and Former vice president FPCCI said at present Pakistan is standing at crossroads and under great financial pressure due to various reasons which also include past mistakes and the impact of Covid-19 on the economies of all the countries of the world including our great Pakistan. Inflation is in double digits (11.5 percent). Trade deficit as of November 2021 was USD 20.75 billion. 1.00 USD = Rs. 178.50. Consumer price index has reached all-time high in November, 2021, ie, 158.18 points. He alleged that one of the major reasons is also that the BMP sitting in power in the FPCCI is unable to play its role in coordinating with the government/suggesting ways and means to improve the economy up to implementation of suggestions on behalf of the Business Community of Pakistan. Online
