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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]
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<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">click here</a> to read more. </p>
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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 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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LATEST NEWS UPDATES | Amid dollar crunch, Pakistani importers head towards grey market for transaction </title>
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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
Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and..."/>
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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
Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and..." />
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<a href="https://im4change.in/latest-news-updates/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction.html" target="_blank">Amid dollar crunch, Pakistani importers head towards grey market for transaction</a>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-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...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-The Hindu
How is the ethanol blending programme connected to the rice export ban?
The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough),...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-TheWire.in
While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022.
Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them.
Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-The Hindu
With the Union Cabinet approving spelling variations for 11 tribes in the State, the decades-long struggle has drawn to an end
Soon after he joined a government job as a teacher in Bastar in 2010, Shivprasad Bhoi, now 39, was asked to get his Scheduled...</p>
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<a href="https://im4change.in/latest-news-updates/amid-dollar-crunch-pakistani-importers-head-towards-grey-market-for-transaction.html" target="_blank">Amid dollar crunch, Pakistani importers head towards grey market for transaction</a>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-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...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-The Hindu
How is the ethanol blending programme connected to the rice export ban?
The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough),...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-TheWire.in
While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022.
Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them.
Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-The Hindu
With the Union Cabinet approving spelling variations for 11 tribes in the State, the decades-long struggle has drawn to an end
Soon after he joined a government job as a teacher in Bastar in 2010, Shivprasad Bhoi, now 39, was asked to get his Scheduled...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-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...</p>
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<br><small>September 18, 2022</small>
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How is the ethanol blending programme connected to the rice export ban?
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<br><small>September 18, 2022</small>
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While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022.
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them.
Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be...</p>
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<br><small>September 18, 2022</small>
<p style="padding-top: 6px;">-The Hindu
With the Union Cabinet approving spelling variations for 11 tribes in the State, the decades-long struggle has drawn to an end
Soon after he joined a government job as a teacher in Bastar in 2010, Shivprasad Bhoi, now 39, was asked to get his Scheduled...</p>
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LATEST NEWS UPDATES | Amid dollar crunch, Pakistani importers head towards grey market for transaction
-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...
-The Hindu
How is the ethanol blending programme connected to the rice export ban?
The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough),...
-TheWire.in
While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022.
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-Newsclick.in
Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them.
Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be...
-The Hindu
With the Union Cabinet approving spelling variations for 11 tribes in the State, the decades-long struggle has drawn to an end
Soon after he joined a government job as a teacher in Bastar in 2010, Shivprasad Bhoi, now 39, was asked to get his Scheduled...
