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Arif Habib appreciates govt policies to reduce fiscal deficit

byCustoms Today Report
18/06/2015
in Business
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ISLAMABAD: Chairman Arif Habib Group of Companies Arif Habib Wednesday said the economic policies introduced by the federal government to reduce the fiscal deficit were appreciable.

Talking to PTV, he said prudent policies had been framed in the fiscal plan for the year 2015-16 and they would help strengthen the national economy.

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He said confidence of the business community had restored due to the steps taken by the government for extending maximum facilities to local as well as international investors.

Replying to a question, the Chairman said every person making investment in a registered company was considered the shareholder of that company. “All registered companies pay their due taxes regularly,” he added.

Making investment in the capital market, he said, was the ‘game of knowledge’ and only those persons succeeded, who had a good command to assess the changing trends in markets.

To another question about Pakistan’s role in war against terrorism, he said there was no doubt that the country’s armed forces were following an effective strategy to flush-out terrorists and end the menace of terrorism from the motherland.

But, he said, the international community should realize Pakistan’s sacrifices it rendered in the war by creating more and more employment opportunities besides making reasonable investment in different sectors of the country.

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