Tag Archives: MNCs’ profits stuck in Pakistan amid dollars shortage: report

Multinational corporations operating in Pakistan have found it difficult to repatriate their profits because of a shortage of dollars, Bloomberg reported on Thursday. It noted that firms including Nestlé, Unilever and Philip Morris had around one to two billion dollars’ worth of profits stuck in Pakistan due to an acute dollar shortage which had started earlier this year. “Between $1 billion and $2 …

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