CHANDIGARH: In this season of demonetisation, the Pakistani High Commission in India is trying to stave off a cash crunch of an entirely different kind.
The mission has written to the Ministry of External Affairs to protest against the policies of the bank where Pakistani officials’ salaries are deposited. The bank has imposed additional conditions for withdrawal of salaries, which Pakistani mission officials receive in dollars. Several senior diplomats have refused to withdraw salaries protesting against new conditions.
These conditions, which came into effect only last week, make it mandatory for Pakistan officials to fill up additional forms specifying their expenditures and also that they exchange their dollars with the same bank. The officials are upset because the exchange rate is much lower then that offered by the bank.
