KP Seeks Centre’s Help Amid Loss of Revenue Due to Border Closure
4 Articles
4 Articles
KP warns Islamabad over stalled border trade with Afghanistan
PESHAWAR: The Khyber Pakhtunkhwa government has raised alarm over the prolonged closure of Pakistan-Afghanistan border trade, warning the federal government that the shutdown is inflicting heavy revenue losses and triggering job cuts across the province. In a letter to Federal Commerce Minister Jam Kamal, KP’s Adviser on Finance Muzzammil Aslam said cross-border commerce had “effectively come to a halt,” worsening Pakistan’s already fragile econ…
Investors warn of heavy losses as Pakistan border closure drags on
Afghanistan’s Chamber of Commerce and Investment said prolonged border closures with Pakistan have inflicted heavy losses on both countries, warning that bilateral trade has become politicised as disruptions enter a fourth month. Members of the chamber’s board said Pakistan is losing about $200 million a month due to the closures, which have been in place for around 107 days, severely affecting imports of key goods that Afghanistan depends on fr…
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