Pakistan Industrial and Traders Association Front welcomes Federal Budget for Financial Year 2013-14 and terms it a big success of Nawaz Sharif’s Government

Lahore, June 12, 2013 (PPI-OT): Pakistan Industrial and Traders Association Front (PIAF) has welcomed the Federal Budget for the Financial Year 2013-14 and termed it a big success of the Nawaz Sharif Government.

In a press statement issued soon after the budget speech, Acting Chairman PIAF said that the announced measures would give a big relief to the crisis hit businessmen.

He said that cut in circular debts in record 60 days, completion of Nandipur Power project, allocation of sufficient funds for energy sector would definitely help in solving the energy crisis.

He expressed reservation on increase in the General Sales Tax and said that the step would put burden, not only on the business community but on the masses. He said that reforms in PSEs would yield positive results.

For more information, Contact:
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Phone: (92) 42 5123522
Fax: (92) 42 5123522