Anemic rupee feared to stoke cost of doing business

President KCCI Junaid Esmail Makda has said that govt. is implementing IMF’s dictation without considering ground realities and understanding the issues of business community. Makda said cost of doing business is escalating and there is no let up in surprises, which is quite contrary to the claims of govt. Businesses are in a state of depression as none of the sectors are progressing, while further increase in utility prices, fuel prices or interest rates would be disastrous for the industry, he added.

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