In a recent report by ACE Money Transfer, a UK-based company, a startling revelation has come to light: illicit activities, including the black market trade and smuggling of United States Dollars (USD), are quietly siphoning off a staggering $23 billion from Pakistan’s economy every year. These clandestine operations, which encompass black market currency trade, oil smuggling, gold smuggling, and challenges …
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Sugar Prices on the Rise: Consumers Feel the Pinch Amid Smuggling and Hoarding Reports
Consumers in several parts of the country are facing yet another financial blow as the price of sugar continues to rise unabated. The surge in sugar prices has led to an increase in the costs of sweets, bakery items, and other sugar-based products, leaving many feeling the pinch. In Rawalpindi, for instance, sugar prices have shot up to Rs190 …
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