AGL 39.55 Decreased By ▼ -0.45 (-1.13%)
AIRLINK 128.20 Decreased By ▼ -0.86 (-0.67%)
BOP 6.83 Increased By ▲ 0.08 (1.19%)
CNERGY 4.72 Increased By ▲ 0.23 (5.12%)
DCL 8.42 Decreased By ▼ -0.13 (-1.52%)
DFML 41.00 Increased By ▲ 0.18 (0.44%)
DGKC 82.01 Increased By ▲ 1.05 (1.3%)
FCCL 33.00 Increased By ▲ 0.23 (0.7%)
FFBL 74.00 Decreased By ▼ -0.43 (-0.58%)
FFL 11.88 Increased By ▲ 0.14 (1.19%)
HUBC 110.69 Increased By ▲ 1.11 (1.01%)
HUMNL 14.11 Increased By ▲ 0.36 (2.62%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.48 Decreased By ▼ -0.24 (-3.11%)
MLCF 38.99 Increased By ▲ 0.39 (1.01%)
NBP 63.94 Increased By ▲ 0.43 (0.68%)
OGDC 193.00 Decreased By ▼ -1.69 (-0.87%)
PAEL 25.56 Decreased By ▼ -0.15 (-0.58%)
PIBTL 7.31 Decreased By ▼ -0.08 (-1.08%)
PPL 153.50 Decreased By ▼ -1.95 (-1.25%)
PRL 25.87 Increased By ▲ 0.08 (0.31%)
PTC 17.51 Increased By ▲ 0.01 (0.06%)
SEARL 81.17 Increased By ▲ 2.52 (3.2%)
TELE 7.67 Decreased By ▼ -0.19 (-2.42%)
TOMCL 33.44 Decreased By ▼ -0.29 (-0.86%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.45 Increased By ▲ 0.18 (1.11%)
TRG 57.00 Decreased By ▼ -1.22 (-2.1%)
UNITY 27.55 Increased By ▲ 0.06 (0.22%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,507 Increased By 62.3 (0.6%)
BR30 31,110 Decreased By -79.8 (-0.26%)
KSE100 98,286 Increased By 488.2 (0.5%)
KSE30 30,672 Increased By 191.3 (0.63%)

Reacting to Prime Minister Imran Khan's maiden speech to the nation, the business community has expressed optimism that the new government will be able to pull the country out of multiple challenges being faced by the country. They hoped that the new government would come to the expectations of people and introduce good policies for revival of economy.
Appreciating Prime Minister Imran Khan's speech, Sundar Industrial Estate former chairman Mian Fahim Qamar said Khan has highlighted his programme as well as comprehensive strategies and policies to address challenges pertaining to economy, investment, trade, export and institutional reforms. Qamar was of the view that people's confidence over government institutions would increase once a taxpayer-friendly mechanism was put in place.
Mian Faraz Alam, a member of APTMA, said that business and industrialist community was faced with a number of problems pertaining to FBR, customs and other tax departments due to red-tapism, corruption and unilateral policies which were formulated without taking them aboard. He mentioned that tax refund claims worth billions of rupees of the business community, especially the exporters, were stuck up at the FBR, which resulted into severe liquidity crunch for them.
He said it was a good omen for the country's economy that Premier Imran Khan expressed the resolve to ensure viable business environment to attract local and foreign investment, adding that it would positively jack-up Pakistan's economy.

Copyright Business Recorder, 2018

Comments

Comments are closed.