Pakistan Industrial and Traders Associations Front appeals to Prime Minister Nawaz Sharif to convene business community Roundtable to finalize plan for implementation of his government’s recommendations for economic revival

Lahore, June 28, 2013 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) has appealed to the Prime Minister Mian Muhammad Nawaz Sharif to convene a business community Roundtable to finalize plan for implementation of his government’s recommendations for economic revival.

In a press statement issued here Friday, Chairman PIAF Malik Tahir Javed said that the economic challenges were fast increasing with every passing day for want of due attention from the concerned quarters and there was a need to take urgent measures in consultation with concerned sector specialists from the private sector.

He said that the government could get rid off external debt, ensure uninterrupted supply of electricity and expension in industrial activities only with the consultation of the private sector that is the main stakeholder.

The PIAF Chairman was of the view that a consistent liaison between private sector and government circles could help overcome gas and electricity shortage.

He said that country could improve its growth rate without any foreign assistance if unwarranted wastages such as electricity transmission losses and gas losses due to inefficient appliances were controlled.

He said that Pakistan Muslim League – N in its manifesto had promised to bring the country out of economic mire and it would only be possible when the government would be sharing its economic plans with the private sector that is considered engine of growth around the globe.

The PIAF Chairman said that the Finance Minister Ishaq Dar would have to come up with some package of incentives for the businessmen who had suffered heavy losses during the last five years due to shortage of gas, electricity and corruption.

Malik Tahir Javed said that the business community understands and believes that the Prime Minister would make allout efforts to make the country a corruption free land. He said that the business community would extend every possible help to him in this regard.

Therefore, the PIAF Chairman said the Prime Minister should immediately convene a Roundtable of the stakeholders for a solution to the issues.

For more information, Contact:
Khalil-ur-Rehman
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Phone: (92) 42 5123522
Fax: (92) 42 5123522
Email: Info@piaf.pk

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