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Title : As Pakistan's Financial Crisis Worsens, It Is Now Facing Massive Unemployment And Food Shortages
link : As Pakistan's Financial Crisis Worsens, It Is Now Facing Massive Unemployment And Food Shortages

As Pakistan's Financial Crisis Worsens, It Is Now Facing Massive Unemployment And Food Shortages

 

First Post: With no cash left for imports, Pakistan staring at massive unemployment, food shortage 

Top businessmen in Pakistan have warned the government that a failure to lift the ban on imports will leave millions jobless and have urged the cash-strapped administration to allow manufacturing materials stuck at the Karachi port into the country 

Islamabad: Even as thousands of containers with essential items remain stranded at the Karachi port due the severe lack of foreign exchange reserves,

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Pakistan is staring at an even bigger unemployment crisis due to a lack of imports. 

Top businessmen in Pakistan have warned the government that a failure to lift the ban on imports will leave millions jobless and have urged the cash-strapped administration to allow manufacturing materials stuck at the Karachi port into the country. 

Pakistan, which is struggling with critically low dollar reserves, has imposed a ban on imports with only essential items such as food and medicines being exempt.  

Read more ....  

WNU Editor: There is no good news coming out from Pakistan. The word "panic" is now being said regularly in the news reports .... Rising panic over blocked imports in crisis-hit Pakistan (AFP).

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