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The recently published list of foreign exchange (forex) recipients from EximBank raises serious concerns about equity, transparency, and national priorities. A review of the beneficiaries, particularly in the pharmaceutical and food sectors, reveals a disturbing trend: forex allocations are being extended to companies that do not appear to meet essential import criteria, especially in the
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Straining limited forex reserves
The recently published list of foreign exchange (forex) recipients from EximBank raises serious concerns about equity, transparency, and national priorities. A review of the beneficiaries, particularly in the pharmaceutical and food sectors, reveals a disturbing trend: forex allocations are being extended to companies that do not appear to meet essential import criteria, especially in the