Chairman of Pakistan Chemicals and Dyes Merchant Association (PCDMA) Nasiruddin Fateh Kukda has urged the federal government to reconsider shifting of five keys departments of the State Bank of Pakistan (SBP) from Karachi to Lahore.
"The announcement of said shifting has created a great anxiety and concern among the members of PCDMA," he said, adding that Karachi is the hub of business activity and the business community of Karachi repudiate this decision that would deprive them of many facilities. He said the shifting of five keys departments of the SBP from Karachi to Lahore was unjustifiable and lacks any substantial logic.
He said business community based in Karachi considered the said decision an unjust cruel act on the part of the federal government. He said business activities which already confronted many challenges should not be derailed by said anti-Karachi decision.