There is a strange silence in our economic debate. Everyone talks about debt, deficits, IMF conditions, and the falling rupee. Few people talk about the problem that grows every time a ship leaves Karachi Port. Goods travel out. Dollars are supposed to travel back. Many do not, resulting in overdue export proceeds in Pakistan. The missing money never appears in our banking system. It is a quiet leak, and it hurts Pakistan more than most people realize. Exporters are legally required to bring their earnings home within 120 days. The State Bank monitors every E Form that is opened and … Continue reading Pakistan’s Hidden Crisis: Overdue Export Proceeds and the Dollar Drain