General Secretary All Pakistan Anjuman-e-Tajiran says business community want Shahbaz Sharif as energy minister to resolve energy crisis

Lahore, May 17, 2013 (PPI-OT): Central General Secretary of the All Pakistan Anjuman-e-Tajiran Naeem Mir on Friday said business community want Shahbaz Sharif as energy minister to resolve energy crisis.

We have full faith in skills and selflessness of the former chief minister Punjab who can resolve the crisis engineered by the former government, he said.

Talking to Dr Murtaza Mughal, President of the Pakistan Economy Watch, Naeem Mir said that Pakistan braved massive mismanagement and corruption for years which triggered inflation, unemployment and economic meltdown.

The former governments wasted billions of rupees of taxpayers’ money only to further deteriorate ailing power sector and public sector enterprises.

Mir demanded imposition of power emergency and giving control of power distribution companies to provinces. He said that tax amnesty schemes are counterproductive as budget deficit can only be bridged if big evaders are brought to book.

Government should initiate legislation to forfeit assets of tax evaders and to bring stolen funds back from the Swiss banks, he demanded.

Independent judiciary is a blessing without which country will never be able to attract foreign investment, he said adding that target killing of traders has become order of the day in Karachi which is sending very negative signals.

At the occasion, Dr Murtaza Mughal said that bilateral trade with India stands at $ 2 billion which can be jacked up to $ 10 billion through confidence building measures.

He said that all the bleeding PSEs should be privatised without any delay and that small chambers may attract some 80 million traders to get NTNs.

Resolution to the many problems faced by Islamic countries lies in the increased bilateral trade, he said.

Dr Mughal said that country needs widely credited 61-years-old politician and he should not go for a record 4th term as chief minister.

For more information, contact:
Dr. Murtaza Mughal
President
Pakistan Economy Watch
402, 4th Floor, Gulistan Khan House, Fazal-e-Haq Road,
82-East, Blue Area, Islamabad
Tel: +9251 251 0375
Fax: +9251 280 2449
Cell: +92321 515 7671
Email: president@pakistaneconomywatch.com
Web: www.pakistaneconomywatch.com

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