Political instability, delay in IMF programme aggravating economic crisis: PIAF

ISLAMABAD-The Pakistan Industrial and Traders Associations Front (PIAF) has observed that the delay in the resumption of the IMF loan programme and political instability exacerbated the country’s vulnerability through the depletion of foreign exchange reserves, as the resulting rupee depreciation amplified inflationary pressures by magnifying the effect of global price increase.

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