KARACHI: President of Korangi Association of Trade and Industry (KATI) and Patron-in-Chief of Pakistan Business Group Faraz-ur-Rehman has said that IT exports can be increased quickly to provide economic stability.

MQM leader Farooq Sattar, PBG President Waheed Panjwani, General Secretary Ali Arsh Khan, Vice President Nasir Sheikh, committee members Fawad Sheikh and other businessmen and industrialists were also present on this occasion.

President KATI said that the political tension should be ended to save the economy from destruction, on one hand, the value of the dollar and the interest rate is also increasing, on the other hand, politicians are fighting for their interests.

Faraz-ur-Rehman added in his address that he is determined to help the government by presenting suggestions from the platform of Pakistan Business Group.

President KATI said that first of all, it is imperative to increase exports on a priority basis so that foreign exchange reserves also increase along with the increase in income. In the present situation, IT export can be increased immediately, for which the government should pay immediate attention and take measures on an emergency basis to train the youth.

If all the departments equip the youth with modern technology, the economy can be supported quickly by IT export.

Faraz-ur-Rehman said that Pakistan is rich in countless resources and there is no doubt that if the government formulates the right strategy, Pakistan can come out of any crisis. He hoped that the politicians would forget the caste differences and give priority to Pakistan and solve the problems united and bring the country out of the economic crisis.

Copyright Business Recorder, 2023