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Cash economy helping illicit trade thrive
Experts call for effective border management, enhancing ease of business to combat smuggling
BHURBAN:
Pakistan’s massive informal economy continues provide illicit trade an environment to thrive in, experts highlighted at a two-day media workshop in Bhurban.
The event, hosted by Positive Media Communications in collaboration with Stop Illegal Trade, delved deep into the economic aspects of the menace and various challenges that it poses to Pakistan.
Speaking at the workshop, independent macroeconomist Ammar Habib Khan said that the size of the informal economy in Pakistan has swelled to an estimated 56% of the country’s GDP. He highlighted that enforcement measures on the other hand were too little and that it was surprising how law enforcement agencies had been able to seize only 5% of the amount of goods smuggled into Pakistan. ....

Ammar Habib Khan , Media Communications , Positive Media Communications , Stop Illegal Trade , அம்மர் ஹபீப் காந் , மீடியா தகவல்தொடர்புகள் , பாஸிடிவ் மீடியா தகவல்தொடர்புகள் , நிறுத்து சட்டவிரோதமானது வர்த்தகம் ,