The Economic Impact of Smuggling: A Billions Dollar Loss to Pakistan's Economy
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#1704e840 ver:0.35

Smuggling is costing Pakistan's economy $23 billion annually, leading to exchange rate distortions, inflation, and revenue loss. Strengthening law enforcement, improving border security, and addressing root causes like poverty and unemployment are crucial to curb smuggling. In Balochistan, oil smuggling costs $1 billion in tax losses, but legalizing the trade can mitigate issues and benefit the economy. Comprehensive measures are needed to promote sustainable economic growth. #Smuggling #PakistanEconomy #IllegalActivities #LawEnforcement #BorderSecurity #Poverty #Unemployment #OilSmuggling...

#newstr #Pakistan #Smuggling #Economy #OilSmuggling #InformalMarket 

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