Pakistan Furniture Council (PFC) Chief Mian Kashif Ashfaq welcoming Prime Minister Imran Khan's pledge of cut spending, sweeping reforms and austerity measures hoped that the PTI incumbent government will take effective steps on all fronts and multi-pronged economic vision to enhance volume of export besides creating business friendly environment for foreign investment.
He said that a better economic team, coordination among ministries, wise and quick decisions to deal effectively with the looming economic crisis could bail the country out of the present complex position. Imran's vision to boost export by giving all due support to business community is on one hand a very optimistic aspect and on the other hand, he expected that the PTI government put ban on the import of luxurious items including furniture. "Another challenge of the new government is reducing imports which are burning over $1.5 billion per month, an unaffordable import bill for the economy," he added.
The new government is expected to address the demands of the business community to accelerate the economic activities and boost export besides launching across the board amnesty scheme to expedite the industrial growth in the country.
He said that Prime Minister was also conveyed that the businessmen and industrialists reposed their full confidence in government policies under his dynamic leadership. The traders and industrialists were playing a vital role for the promotion of businesses, industries, trade and investments in the country.
Welcoming Imran's announcement of planting 10 billion trees across the country within next five years, he said this would reduce e volume of importing softwood in furniture sector, which would help save billions of rupees in the form of foreign exchange. The forest sector in Pakistan still has a multiple benefit potentials including generating huge revenues for public and private sectors reduce environmental damage and threats to rural livelihoods if managed well, he added.
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