Political uncertainty may reverse economic growth: PIAF

Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh on Saturday said that politics of agitation and sit-ins will push the national economy to the wall; therefore, all the political parties must show maturity and make efforts to resolve the issues through talks, as stability is a must for economic development.
Irfan said that national economy lost about Rs. 400 billion due to protests and long marches in recent years. He urged the opposition to avoid a street showdown on the issue of Panama Leaks. He said the businessmen are committed with constitution and democracy and would not support any undemocratic action against the government. He said businesses are facing recession because of declining oil prices; a likely sit-in would further damage the trade.