LAHORE: The business community has asked the government to curb line losses and electricity theft, which have reduced the country’s economic growth by 3 to 4 per cent in the last two years.
Pakistan Industrial & Traders Associations Front Chairman Irfan Iqbal Sheikh, while talking to media, urged the government to control inefficiency in recovery of dues and also help stop political interference in energy sector. He said that our economy has been facing a meltdown-like situation but the entire country is in grip of multiple challenges due to an acute energy shortage.
The PIAF chairman said that there is no second opinion about it that effective governance is critical to economic reforms but if the political interference continues to undermine the decision-making then how one can expect an economic turnaround in coming years.
Senior Vice Chairman Tanveer Ahmed Soofi and vice chairman Khawaja Shazeb Akram were also present on the occasion.
