Pakistan Tea Crisis: Pakistanis yearn for a cup of tea before Ramzan, even Shahbaz’s begging did not provide relief
[ad_1]
The price of tea will be Rs 2500 per kg
Pakistan Industry Organization official Zeeshan Maqsood said that imports are currently going through a crisis, which could lead to a huge crisis in March. State Bank of Pakistan is taking time to approve this import. He said that due to being stopped for 180 days, a crisis has arisen regarding the price of tea brought in these containers. No one knows what will be the value of dollar after 6 months. He said that banks are not opening credit lines.
Not only this, there is no instruction from the Central Bank of Pakistan regarding new agreements. Jishan said that there is a possibility that if the container is not released, the price of tea in Pakistan may reach up to Rs 2500 per kg. He suggested that Pakistan should make a trade deal with Kenya. Pakistan imports 90 percent of Kenya’s tea. Pakistan imports $500 million worth of tea from Kenya every year. Earlier, Shehbaz Sharif had requested for loan from Saudi Arabia to IMF but his demand was ignored.
[ad_2]
Source link