The sharp devaluation of the Pakistani rupee has already made ordinary imported items out of people’s reach. The rising inflation has acutely hurt the public’s purchasing power. After the news of the rupee devaluation broke out, the president took to Twitter and said that Pakistanis should buy products made in Pakistan. I completely agree with what the president has said. Through buying imported products, we are only hurting our country’s economy. Pakistan is in a tight spot and is finding it difficult to manage its trade deficit. By keeping the demand of imported items high, we are compelling our country to spend its foreign exchange reserves on non essential, luxury items.
The message that we should buy domestic products should be spread everywhere. From gifts to even chocolates, we want everything imported. Pakistani companies are also capable of producing high-quality products. We should promise ourselves to promote the local industry and buy only homegrown products.
Amber Ismail
Karachi
This letter refers to the news report ‘NAB warns public about fraud and forgery’ . The people have been warned to...
Air pollution has become a silent yet deadly crisis in Pakistan, posing significant risks to public health and the...
This letter refers to the news report ‘Robbers steal 10kg of minced meat from gola kabab vendor’ . This incident...
Donald Trump has threatened the BRICS countries with import tariffs if they create their own currency to replace the...
This refers to the news report ‘Cracks in the great wall of friendship’ . Presently, the PML-N and the PPP, the...
In an age where the internet should empower voices, Pakistan's Prevention of Electronic Crimes Act 2016, or, rather,...