PCMEA urges SBP to resolve exporters’ issues proactively

LAHORE: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has urged the State Bank of Pakistan to resolve the issues of exporters proactively besides getting them on board in taking any step or decision as the exporters were facing numerous problems due to uncertainty and frequent fluctuations in the US dollar rate against Pak rupee.

Chairing the association’s meeting here on Sunday, PCMEA Senior Vice Chairman Usman Ashraf said that the SBP should properly consider the letters forwarded to it by the association for resolving their problems. PCMEA Senior Central Leader Abdul Latif Malik, Chairperson Carpet Training Institute (CTI) Ijazur Rehman, senior members Parvez Hanif, Riyaz Ahmed, Saeed Khan, Akbar Malik, Major Akhtar Nazir (Retd), Shahid Hasan, Umeer Usman and others were also present. Senior Vice Chairman Usman Ashraf also urged the government to appoint authorized focal persons for solving exporters’ problems. The participants of the meeting expressed serious concern over the difficulties faced by exporters especially due to political uncertainty and fluctuations in the US dollar rate.