Illicit Traders Benefiting From Pandemic

LAHORE: The impact of Covid-19 pandemic on the global economy has raised concerns among countries vulnerable to illegal trade, such as Pakistan.

Experts believe that the documented sector and general public are not in a state to bear the pressure of more taxes and the government needs to take action against the illegal and illicit traders in the country to generate revenue.

“Economic activity in Pakistan has declined due to adverse effects of the pandemic,” said Stop Illegal Trade (SIT) spokesperson Amna Saleem.

“On the other hand, the negative growth of GDP has triggered a significant decline in per capita income.” Read more…..


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