AGL 38.54 Increased By ▲ 0.97 (2.58%)
AIRLINK 129.50 Decreased By ▼ -3.00 (-2.26%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.86 Increased By ▲ 0.09 (2.39%)
DCL 8.73 Decreased By ▼ -0.14 (-1.58%)
DFML 41.76 Increased By ▲ 0.76 (1.85%)
DGKC 88.30 Decreased By ▼ -1.86 (-2.06%)
FCCL 35.00 Decreased By ▼ -0.08 (-0.23%)
FFBL 67.35 Increased By ▲ 0.85 (1.28%)
FFL 10.61 Increased By ▲ 0.46 (4.53%)
HUBC 108.76 Increased By ▲ 2.36 (2.22%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.95 Increased By ▲ 0.10 (1.46%)
MLCF 41.65 Decreased By ▼ -0.15 (-0.36%)
NBP 59.60 Increased By ▲ 1.02 (1.74%)
OGDC 183.00 Increased By ▲ 1.75 (0.97%)
PAEL 26.25 Increased By ▲ 0.55 (2.14%)
PIBTL 5.97 Increased By ▲ 0.14 (2.4%)
PPL 146.70 Decreased By ▼ -1.70 (-1.15%)
PRL 23.61 Increased By ▲ 0.39 (1.68%)
PTC 16.56 Increased By ▲ 1.32 (8.66%)
SEARL 68.30 Decreased By ▼ -0.49 (-0.71%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.95 Decreased By ▼ -0.05 (-0.14%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.45 Decreased By ▼ -0.40 (-0.79%)
UNITY 26.75 Increased By ▲ 0.35 (1.33%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,806 Increased By 37.8 (0.39%)
BR30 29,678 Increased By 278.1 (0.95%)
KSE100 92,304 Increased By 366.3 (0.4%)
KSE30 28,840 Increased By 96.6 (0.34%)

Senior Vice President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Monday said that sustainable and durable economic stability is prerequisite for survival of the country and strengthening of democracy. The SAARC Chamber's senior vice president urged the PTI government to take all stakeholders into confidence to tailor a viable strategy to evolve new result and growth oriented judicious economic policies on war-footings for the revival of economy. Despite the categorical assurance of Prime Minister Imran Khan, Federation of Pakistan Chamber of Commerce and Industry and other top leaders of corporate sector are not being taken on board by all policy and decision makers, he said.
He said the entire business community stands united with Prime Minister Imran Khan in this crucial crisis in the walk of Indian Held Kashmir conflict but on the other hand his ministers, advisers, Federal Board of Revenue and State Bank of Pakistan must address the genuine grievances being confronted by traders from all sectors.
He stressed the urgent need for reshaping economic policy in line with global recession and help restore the confidence of foreign and local investors. At this point of critical juncture, the government must come to the rescue of the business community by timely providing oxygen to business community and offering a package of incentives to small and medium traders, he said adding that all developed and advanced countries including USA, Korea, China, France, Germany, Russia worldwide attached great importance to the promotion of SME which always play vital and significant role in strengthening of economy.
Iftikhar Malik said that our exports falling short of target which is not a good omen for the economy at all.
Iftikhar Malik who is also Chairman United Businessmen Group said majority of traders, businessmen and industrialists and exporters have voiced their concerns about slowing down the pace of wheels of economy and government must take cognizance to arrest the gradual decline to save the industry from total collapse. The entire business community is patriotic and paying taxes timely and wherever is taxation conflict that must be resolved amicably without effecting industrial growth," he maintained.

Copyright Business Recorder, 2019

Comments

Comments are closed.