Must give up Royal style of living Standards and live simple way of life for the sake of Pakistan.

Must give up Royal style of living Standards and live simple way of life for the sake of Pakistan stated by global business leader Mr Iftikhar Ali Malik president SAARC chamber and past president LCCI and FPCCI. He said that ecnomic default has become a big question mark for Pakistan therefore Government run white elephant industrial units must be closed or handed over to private sector for Rehabilitation in earliest possible times to pay back for Pakistan. He worried about Minute to Minute Fluctuation of US Dollar has created a confusion for the people to trade and run industry. Mr Malik questioned the rulers that Cheap energy from Moscow and cheap gasoline from Iran these is a question mark on the ability of so called business tycon rulers. He stated that un confirmed news is being talked about that a huge quantity of US dollars are sent to Afghanistan which may also be checked. He said price of rupee is continuously loosing its value against US dollar and stoping business.     Mr Malik said that un wanted Imports are increasing & exports are reducing thus  creating big trade  deficit.