Govt now focusing on promotion of economic growth: PM tells business community leaders

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ISLAMABAD, Mar 4 (APP): Prime Minister Imran Khan on Monday said that after overcoming the most difficult challenge of stabilizing economy during the first six months of government, the focus was now on promotion of economic growth in the country.

With trade and Investment being an important pillar of the present government’s foreign policy, there was positive sentiment among the international community towards the country’s economy which needed to be capitalized, he added.

The Prime Minister expressed these views during the meeting with a delegation of business community leaders and representatives.

Since the government was working on a comprehensive plan to encourage non-tax payers and informal sectors to join the documented economy, the Prime Minister had invited the business community leaders to give their input and recommendations.

The delegation comprised President Overseas Investors Chamber of Commerce and Industry (OICCI) Shazia Syed, Chairman Pakistan Business Council (PBC) Syed Yawar Ali, Managing Director Pakistan Stock Exchange (PSE) Richard Morin, Chairman PSE Suleman Mehdi, President Karachi Chamber of Commerce and Industry (KCCI) Junaid Ismail Makda, President Lahore Chamber of Commerce and Industry (LCCI) Almas Haider, Chairman All Pakistan Textile Mills Association (APTMA) Syed Ali Ahsan, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engr. Daroo Khan Achakzai, President Sialkot Chamber of Commerce and Industry (SCCI) Khawaja Masood Akhtar and representative of Pakistan Bank Association.

The business community leaders expressed complete confidence over the policies of the government and the steps being taken to reduce cost of businesses and improving ease of doing business in the country.

President OICCI also briefed the Prime Minister about the plans to hold international investment conference which would highlight Pakistan’s economic potential before the global community.

Minister for Finance Asad Umar, Minister for Planning Makhdoom Khusro Bakhtiar, Minister for Energy Umar Ayub Khan, Advisor to PM on Commerce Abdul Razak Dawood, Advisor to PM on Institutional Reforms Dr. Ishrat Hussain, Chairman Board of Investment Haroon Sharif were also present in the meeting.

 

VNS Islamabad