AIRLINK 191.00 Decreased By ▼ -2.50 (-1.29%)
BOP 9.75 Increased By ▲ 0.11 (1.14%)
CNERGY 7.61 Increased By ▲ 0.08 (1.06%)
FCCL 37.57 Decreased By ▼ -0.13 (-0.34%)
FFL 15.58 Decreased By ▼ -0.02 (-0.13%)
FLYNG 25.79 Increased By ▲ 0.20 (0.78%)
HUBC 129.01 Increased By ▲ 1.94 (1.53%)
HUMNL 13.50 No Change ▼ 0.00 (0%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.24 Increased By ▲ 0.14 (2.3%)
MLCF 43.95 Decreased By ▼ -0.01 (-0.02%)
OGDC 204.50 Increased By ▲ 1.26 (0.62%)
PACE 6.46 Increased By ▲ 0.06 (0.94%)
PAEL 40.75 Decreased By ▼ -0.23 (-0.56%)
PIAHCLA 17.33 Decreased By ▼ -0.16 (-0.91%)
PIBTL 7.98 Increased By ▲ 0.32 (4.18%)
POWER 9.18 Increased By ▲ 0.10 (1.1%)
PPL 175.00 Increased By ▲ 0.75 (0.43%)
PRL 38.00 Decreased By ▼ -0.07 (-0.18%)
PTC 24.40 Increased By ▲ 0.33 (1.37%)
SEARL 106.76 Decreased By ▼ -0.48 (-0.45%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 37.90 Increased By ▲ 1.50 (4.12%)
SYM 19.33 Increased By ▲ 0.29 (1.52%)
TELE 8.55 Increased By ▲ 0.31 (3.76%)
TPLP 12.30 Increased By ▲ 0.52 (4.41%)
TRG 66.00 Increased By ▲ 1.12 (1.73%)
WAVESAPP 12.79 Increased By ▲ 1.16 (9.97%)
WTL 1.68 No Change ▼ 0.00 (0%)
YOUW 3.93 Increased By ▲ 0.08 (2.08%)
BR100 11,818 Increased By 50.3 (0.43%)
BR30 35,258 Increased By 294.3 (0.84%)
KSE100 112,233 Increased By 745.9 (0.67%)
KSE30 35,184 Increased By 249.2 (0.71%)

KARACHI: “Unless we control the prices of daily use items and slash the government expenditure, nothing will be well on the economic front and the country will remain in crisis,” said financial analyst Ateeq ur Rehman.

The growing serious concerns of the business community, industrialists, shopkeepers, retailers and wholesalers like non-issuances of Letter of Credits, dollar shortage, rising circular debt, soaring inflation, higher interest rate, energy crisis need to be resolved on earliest basis, he said. He further said we badly need foreign investments to cover our losses, revive our stock exchange, restore sick industries, transfer of technology, restoration of large scale industry and improving the agricultural yield but it all looks very difficult.

Copyright Business Recorder, 2022

Comments

Comments are closed.