Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market

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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market</em></p><p style="text-align:justify">Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments.</p><p style="text-align:justify">Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers. Many Pakistani importers of food from Afghanistan and Iran are now relying on the grey market for their payments as they are not allowed to buy dollars from banks or exchange companies.</p><p style="text-align:justify">Due to heavy rainfall and extreme floods, many of its crops were destroyed. This has led to the nation facing an acute shortage of tomatoes, onions, potatoes, and other food items.</p><p style="text-align:justify">To deal with the growing food shortage in the country, the Pakistan government has allowed the import of these foodstuffs from neighbouring countries. However, the government has not made any arrangement for the provision of dollars to make payments against these imports.</p><p style="text-align:justify">Currency dealers and importers told PTI that they were asked to opt for a barter system with their Afghan and Iranian counterparts by exporting food items available in Pakistan. A barter transaction is the exchange of goods or services, in exchange for other goods or services.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html" title="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market</em></p><p style="text-align:justify">Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments.</p><p style="text-align:justify">Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers. Many Pakistani importers of food from Afghanistan and Iran are now relying on the grey market for their payments as they are not allowed to buy dollars from banks or exchange companies.</p><p style="text-align:justify">Due to heavy rainfall and extreme floods, many of its crops were destroyed. This has led to the nation facing an acute shortage of tomatoes, onions, potatoes, and other food items.</p><p style="text-align:justify">To deal with the growing food shortage in the country, the Pakistan government has allowed the import of these foodstuffs from neighbouring countries. However, the government has not made any arrangement for the provision of dollars to make payments against these imports.</p><p style="text-align:justify">Currency dealers and importers told PTI that they were asked to opt for a barter system with their Afghan and Iranian counterparts by exporting food items available in Pakistan. A barter transaction is the exchange of goods or services, in exchange for other goods or services.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html" title="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market</em></p><p style="text-align:justify">Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments.</p><p style="text-align:justify">Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers. Many Pakistani importers of food from Afghanistan and Iran are now relying on the grey market for their payments as they are not allowed to buy dollars from banks or exchange companies.</p><p style="text-align:justify">Due to heavy rainfall and extreme floods, many of its crops were destroyed. This has led to the nation facing an acute shortage of tomatoes, onions, potatoes, and other food items.</p><p style="text-align:justify">To deal with the growing food shortage in the country, the Pakistan government has allowed the import of these foodstuffs from neighbouring countries. However, the government has not made any arrangement for the provision of dollars to make payments against these imports.</p><p style="text-align:justify">Currency dealers and importers told PTI that they were asked to opt for a barter system with their Afghan and Iranian counterparts by exporting food items available in Pakistan. A barter transaction is the exchange of goods or services, in exchange for other goods or services.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html" title="https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html">click here</a> to read more.&nbsp;</p>                                                           
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Amid dollar crunch, Pakistani importers head towards grey market for transaction

Published on Sep 18, 2022   Modified on Sep 20, 2022

-Livemint.com After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments. Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers. Many Pakistani importers of food from Afghanistan and Iran are now relying on the grey market for their payments as they are not allowed to buy dollars from banks or exchange companies. Due to heavy rainfall and extreme floods, many of its crops were destroyed. This has led to the nation facing an acute shortage of tomatoes, onions, potatoes, and other food items. To deal with the growing food shortage in the country, the Pakistan government has allowed the import of these foodstuffs from neighbouring countries. However, the government has not made any arrangement for the provision of dollars to make payments against these imports. Currency dealers and importers told PTI that they were asked to opt for a barter system with their Afghan and Iranian counterparts by exporting food items available in Pakistan. A barter transaction is the exchange of goods or services, in exchange for other goods or services. Please click here to read more.

Livemint.com, 18 September, 2022, https://www.livemint.com/news/world/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction-11663515381248.html

Tagged with: Forex reserve Pakistan Grey market Food insecurity Flooding Floods

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