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Islamabad: Pakistan is slowly and gradually heading towards Sri Lanka-like crisis situation due to the worsening domestic political and economic situation, which can be turned around through political dialogue and prudent economic policies.
“We are at a distance of 30-35 days from Sri Lanka’s (crisis-like situation),” Exchange Companies Association of Pakistan (ECAP) General Secretary Zafar Paracha said while speaking at a conference titled “Strong Rupee – Strong Pakistan”, organised by the Forex Association of Pakistan (FAP).
“Economic emergency should be imposed in Pakistan,” he said, adding all the stakeholders should be on one page and their one-point agenda should be the restoration of “economic stability in the country”.
