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  "path": "/pakistan-s-cash-economy-hits-record-pkr-12t-as-tax-evasion-and-inflation-fears-mount",
  "publishedAt": "2026-05-03T16:29:57.000Z",
  "site": "https://nukta.com",
  "textContent": "\n\n\nPakistan’s cash economy is reaching record levels, raising serious concerns about taxation, inflation, and financial stability.\n\nAccording to State Bank data, currency in circulation is nearing Rs12 trillion, signaling that a large portion of economic activity remains undocumented. Despite efforts to digitize the economy, cash transactions continue to dominate, making it easier for businesses to stay outside the tax net.\n\nThis has led to a major revenue shortfall, with the FBR missing its targets once again. Even interest rate hikes have failed to bring liquidity back into the banking system.\n\nExperts warn that excess cash outside banks could fuel inflation and shift into assets like gold and dollars, increasing pressure on the Pakistani rupee.\n\nIs Pakistan becoming a cash-driven economy again? And can this trend be reversed?\n\nWatch the full breakdown for insights.",
  "title": "Pakistan's cash economy hits record PKR 12T as tax evasion and inflation fears mount"
}