Task force on private sector development: six groups set up for recommendation to attract investment

Task Force on Private Sector Development constituted by deputy chairman, Planning Commission on Saturday formed six groups to prepare recommendations for attracting investment in different sectors. These recommendations will become benchmark for the next annual plan and budget 2009-10.
Sources revealed to the Business Recorder that these groups are expected to submit initial recommendations by the end of March. The major task of these six groups is to prepare recommendations for the improvement of Small firms, large firms, trade, technology, human resource development and macro economic indicators. The groups were formed on the conclusion of two-day meeting of the Task Force on Saturday in Planning Commission.
Shahid Javed Burki, former Finance Minister and Chairman Task Force headed the working sessions. The representatives of different economic ministries and private sector stakeholders gave presentations on the economic problems being faced by the country. The Task Force consists of a number of leading businessmen, including president of the Federation of the Chamber of Commerce and Industries, renowned economists, bankers, and the experts on private sector development.
Federal secretaries of key economic Ministries are ex-officio members. The preliminary report of the Task Force will be circulated for soliciting comments from the general public and for generating debate. The Report will be finalised after incorporating the concerns of the public and experts. The recommendations of the Task Force will form the basis of policy making, particularly the Annual Plan 2009-10 and the Medium-Term Economic Development Plan 2010-15.