AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 213.91 Increased By ▲ 3.53 (1.68%)
BOP 9.42 Decreased By ▼ -0.06 (-0.63%)
CNERGY 6.29 Decreased By ▼ -0.19 (-2.93%)
DCL 8.77 Decreased By ▼ -0.19 (-2.12%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.12 Decreased By ▼ -2.80 (-2.89%)
FCCL 35.19 Decreased By ▼ -1.21 (-3.32%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.39 Increased By ▲ 1.44 (9.63%)
HUBC 126.90 Decreased By ▼ -3.79 (-2.9%)
HUMNL 13.37 Increased By ▲ 0.08 (0.6%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.94 Increased By ▲ 0.01 (0.14%)
MLCF 42.98 Decreased By ▼ -1.80 (-4.02%)
NBP 58.85 Decreased By ▼ -0.22 (-0.37%)
OGDC 219.42 Decreased By ▼ -10.71 (-4.65%)
PAEL 39.16 Decreased By ▼ -0.13 (-0.33%)
PIBTL 8.18 Decreased By ▼ -0.13 (-1.56%)
PPL 191.66 Decreased By ▼ -8.69 (-4.34%)
PRL 37.92 Decreased By ▼ -0.96 (-2.47%)
PTC 26.34 Decreased By ▼ -0.54 (-2.01%)
SEARL 104.00 Increased By ▲ 0.37 (0.36%)
TELE 8.39 Decreased By ▼ -0.06 (-0.71%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.88 Decreased By ▼ -0.64 (-4.73%)
TREET 25.34 Increased By ▲ 0.33 (1.32%)
TRG 70.45 Increased By ▲ 6.33 (9.87%)
UNITY 33.39 Decreased By ▼ -1.13 (-3.27%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

The Businessmen Panel (BMP) of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has said that sitting management of the apex trade body has failed to safeguard the interests of the business community reeling under multiple problems. Issuing white paper on 4-years performance on UBG group for FPCCI, the BMP has also remained unsuccessful to give any solid recommendations to the government for economic revival in the last four years. Unfortunately they wasted years of business community and today they have no performance indicators which they did.
Chairman BMP Mian Anjum Nisar said that the business community pinned high hopes with the FPCCI, adding the Apex Chamber has not issued a single laudable report in four years. He said that the UBG under the leadership of former CEO of TDAP S M Muneer and Iftikhar Malik is controlling the FPCCI for last four years and it is only interested in safeguarding personal interests at the cost of the business community and the shattered economy.
The chairman BMP said that the FPCCI and its string group continued to support the government since last four years but not been able to furnish any plan of economic betterment, resolution of the problems confronting the business community of this country while the powers of all the elected presidents and vice presidents have been snatched illegally.
The research and development department of the FPCCI as dysfunctional as other departments which has badly damaged repute of the Apex chamber, therefore, the Finance Minister and other top government functionaries prefer not to get engaged with this trade body. On the other hand, Pakistan Business Council and some other associations have worked hard to provide recommendations to the government which has added to their prestige. He also said FPCCI was failing on every front and it hasn't issued a single laudable report in last three years while the Apex Chamber of neighbouring country FICCI India continues to employ dozens of PhDs, experts and former senior officials of World Bank etc. who are working hard to improve economy therefore that body is not taken lightly by their Government. The BMP demanded Federation needs to be restructured on international standards on priority and if they fail to do that soon we will take this body as per the expectations of the business community.
Secretary General (Capital Area) and Spokesperson for BMP Ahmad Jawad said that if the role of FPCCI has been reduced to useless meetings and photo sessions then there is no need to spend millions of rupees on this institution and in spite of that every year they took money from the exporters for the awards then through their money they announced annual exporters awards through the hand of Prime Minister which is shame for the apex trade body.
He also called the new EC and GB members of the FPCCI 2019 to think realistically the Performance of the UBG group and then make yours decision accordingly that who to choose in the coming elections which will be scheduled on December 28th. The Businessmen Panel is determined to address your issues if you elect us and continued to stand with you on your every issues, Jawad assured and further said that the criminal silence of the FPCCI sitting management on various issues of the business community including closure of gas to the industrial sector is unforgivable.

Copyright Business Recorder, 2018

Comments

Comments are closed.