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Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced to prepare and present 3 years roadmap and economic plan to the government for the economic revival. This has been announced during a high powered meeting of FPCCI senior members including office bearers and leaders of the business community throughout the country held at Karachi lasted 3 hours and reviewed the current economic policies of the government which has resulted in closure of industries, increased bank defaults, unemployment and poverty in the country.
The office bearers and its senior leadership urged the government to immediately hold a meeting with the concerned industrial sectors to redress their issues.
They also reviewed the most affected industries particularly the auto sector and its vendor industries whose production and sales have been decreased by more than 50% resulting laying-off of their employees.
The leaders of the business community during the meeting unanimously resolved that the government should address the issues of trade and industry on priority particularly all export related refunds including Sales Tax, Income Tax, DLTL etc., causing serious liquidity crunch and affecting exports and export oriented industries.

Copyright Business Recorder, 2019

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