Govt works out new strategy to control grey market

ISLAMABAD: The central government has devised a new approach to regulate the grey market with the assistance of the Special Investment Facilitation Council (SIFC).

The State Bank of Pakistan and the Federal Board of Revenue have been instructed to launch an initiative targeting unofficial trading networks.SIFC facilitating efforts aimed at promoting businesses, developing agri sector

The government has also ordered the Finance Secretary to reinstate cash transaction services at National Bank branches and border checkpoints.