Business community pins high hopes on PTI-led government

21 Aug, 2018

Reacting to Prime Minister Imran Khan's maiden speech to the nation, the business community has expressed optimism that the new government will be able to pull the country out of multiple challenges being faced by the country. They hoped that the new government would come to the expectations of people and introduce good policies for revival of economy.
Appreciating Prime Minister Imran Khan's speech, Sundar Industrial Estate former chairman Mian Fahim Qamar said Khan has highlighted his programme as well as comprehensive strategies and policies to address challenges pertaining to economy, investment, trade, export and institutional reforms. Qamar was of the view that people's confidence over government institutions would increase once a taxpayer-friendly mechanism was put in place.
Mian Faraz Alam, a member of APTMA, said that business and industrialist community was faced with a number of problems pertaining to FBR, customs and other tax departments due to red-tapism, corruption and unilateral policies which were formulated without taking them aboard. He mentioned that tax refund claims worth billions of rupees of the business community, especially the exporters, were stuck up at the FBR, which resulted into severe liquidity crunch for them.
He said it was a good omen for the country's economy that Premier Imran Khan expressed the resolve to ensure viable business environment to attract local and foreign investment, adding that it would positively jack-up Pakistan's economy.

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