Government alive to the problems of business community: Finance Minister

Karachi, October 13, 2016 (PPI-OT):Finance Minister Ishaq Dar on Thursday said government is aware of the problems of the business community which are being resolved. He said that government is trying to boost exports and steps are under consideration to revive the external sector. Talking to President FPCCI Abdul Rauf Alam, he said that government has introduced meaningful reforms in the real estate sector and it is trying to tackle some of the reservations of the stakeholders.

Ishaq Dar said that business community is the backbone of the economy and their services are imperative for the economic development therefore they will be provided every facility. The finance minister said that our doors are open to every implementable recommendation by the business community.

He told Abdul Rauf Alam that Pakistan was on the brink of bankruptcy when the incumbent government took charge while now we have a stable economy acknowledged by dozens of international institutions. Pakistan is becoming a good investment destination and a regional hub of trade which is very encouraging, he said.

At the occasion, Abdul Rauf Alam said that the economic direction of government is right which has infused confidence in the investors. Despite tensions between Pakistan and India the international investors took unprecedented interest in buying bonds which indicate their confidence in Pakistan’s economy, he added.

Government should try its best to complete the fate changer CPEC project and welcome the countries that have expressed interest in it, he demanded. The President FPCCI said that real estate is one of the fastest growing sector providing jobs to millions of people and dozens of allied industries. Government should support the reality sector which has emerged as a very important segment of the national economy, he said.

For more information, contact:
M. A. Lodhi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: +92-21-35873691, 93-94
Fax: +92-21-35874332