When commercial importers could not get foreign exchange, they decided to stop all food imports after June 25.
Apart from this, the secretary of Karachi Wholesale Grocers Association, whose name is Farhat Siddiq, took the names of all the people and said that all bank importers will not be given dollars, due to which all importers and indenters attended the meeting of the association. in which many important issues were discussed.
After this meeting, it was decided that all importers are informed that no shipments will be dispatched after June 25, but the goods which are still enroute or have arrived are fully cleared. and if any shipment is made after June 25, the government will not take responsibility for clearing it.
At the same time, importers say that the foreign exchange problems have increased due to which thousands of containers are stuck at the ports and we are being charged extra charges on them.
Let us tell you that the State Bank is not providing foreign exchange to them and if this situation continues, it is expected that there will be a severe food crisis and this policy is causing a lot of damage to both the business and the economy.