IHC Expresses Discontent Over Gold Bar Payment Proposal

News Desk

ISLAMABAD: The Islamabad High Court has voiced its dissatisfaction regarding a recent proposal to allow payments in gold bars, raising concerns about the implications for legal and economic standards in Pakistan.

During a hearing on Wednesday, the court questioned the rationale behind the government’s suggestion, emphasizing the need for transparency and adherence to established financial practices.

Chief Justice Athar Minallah remarked that such proposals could undermine public trust in the judicial system and the economy.

This development comes at a time when Pakistan is grappling with significant economic challenges, including inflation and currency devaluation.

Experts warn that introducing unconventional payment methods could lead to further instability and complicate the already strained financial landscape.

Looking ahead, the court has scheduled a follow-up hearing to further discuss the implications of the proposal.

Legal experts and economists are expected to provide insights, while the government will be urged to clarify its stance on the matter.