25m dollars are smuggled out every month: Governor SBP

25m dollars are smuggled out every month: Governor SBP
Updated on

Summary Information minister says govt to take decisions instead of printing notes.

ISLAMABAD (Online) - Governor State Bank Yasin Anwar has termed the issue of devaluation of rupee against dollar as ‘sensitive’.

Speaking at a Senate committee meeting , which met with Nasreen Jalil in the chair, Governor State Bank blamed rumors and speculations as major cause for rupee devaluation.

He revealed that dollars were being siphoned out through Chaman and FATA, and around 25 million dollars were being transferred abroad from Karach, Lahore and Islamabad airports every month.

Meanwhile, Information Minister says power tariff plan has been prepared in consultation with the Council of Common Interests.

Minister for Information and Broadcasting Pervaiz Rashid has said that the government is ready to take difficult decisions instead of printing currency notes.


In a statement he said that‚ the power tariff plan has been prepared in consultation with the Council of Common Interests.
He said this will be no impact on the consumers using up to 200 units of electricity while the subsidy has
 

Browse Topics