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Governance

Combating Currency Smuggling: A Priority for Pakistan’s Economic Stability

The departure of the US from Afghanistan has resulted in the emergence of an illegal currency market worth 1.8 to 2 billion USD, which is decreasing the availability of dollars in neighboring countries and causing its value to rise. This highlights the close relationship between security and economics.

Approximately $5 million is being smuggled into Afghanistan from Pakistan daily, and the Afghan central bank now has enough reserves to sustain its economy. Meanwhile, Pakistan is facing a rapidly escalating economic crisis. However, It is unclear who is counting the money at the border and providing the statistics. Without further information or a credible source, the authenticity of these claims cannot be verified. It is important to question the reliability of sources and gather information from multiple sources before making conclusions or spreading information.

READ:   Clash at the Crossroads: The Tense Encounter Between Afghanistan and Chitral in the Battle of Birkot

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