Staff Reporter
Karachi
Secretary General (Federal) FPCCI’s Businessmen
Panel, Ahmad Jawad has said despite substantial measures of the government for recovering current fiscal deficit for which masses paid a remarkable price, we haven’t improvement in PKR against the dollar. He questioned whether the current exchange rate will continue even in next two years of the incumbent government or people may witness a sharp recovery.
Speaking at webinar on the stability of economy on Monday, he said if we look at the currency rates of Afghanistan, Nepal we feel ashamed despite we are a nuclear power. This parity of dollar ruined common man life as every product has jumped to 100% increase already, he added. Jawad said, “This exchange rate scam goes on. Perpetuated by the rich and powerful Western economies against the poor .