And slapping taxes on everything, crippling the whole auto industry and small businesses in the process.
Oh and one more thing; the reason our economy is floating right now is because of IMF loan. And if anyone thinks the rupee is going to remain under 160 PKR per USD for the foreseeable future then they're sorely mistaken.
Just few days ago, SBP has requested IMF to ease restrictions on the creation of 'domestic money' i.e PKR. The government stupidly wants to print more money to ease the burden off its shoulders, but on the flip side it'll cripple our already crippled economy even further and increase inflation tenfold.
If IMF allows it, you'll likely see PKR plunging from ~156 to nearly 200 per USD by the end of this year. Yes, I'm talking about December 31st, 2019!
https://tribune.com.pk/story/2089693/2-pakistan-asks-imf-ease-curbs-financial-system/
Pakistanis should brace for another impact because this tenure is going to be one bumpy ride to hell!
Do yourself and your families a favor, convert ALL your assets into foreign currencies ASAP.
DO IT NOW!