The country's small and medium importers are silently disappearing from the import trade. They are now bewildered under the pressure of dollar market instability, 16 percent bank interest, advance income tax, and 100 percent LC margin. Facing this four-pronged pressure, many are losing their capital and folding up instead of continuing their businesses. As small traders withdraw, the market for essential commodities is now coming under the control of the big players. This has threatened to shut...
