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Govt’s efforts in reviving economy lauded

byCustoms Today Report
17/08/2015
in Business
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LAHORE: The traders’ wing of Pakistan Muslim League (N) has lauded the government’s efforts in reviving the country’s economy.

PML-N Traders Wing General Secretary Shahid Nazir said that protests and strikes would cause undue damage to the economic activities and hit the government struggle for the progress and prosperity of the country.

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In a statement, he said that the government would have to solve the issue through negotiation to deter the traders from more strikes. He said that the country is well on the way of economic revival and not in a position to afford strikes of the traders who are backbone of the economy. He said that results of forceful implementation of any law are always bad therefore government should take business community on board and find out a solution acceptable for all stakeholders.

Nazir said that measures like imposition of withholding tax on bank transactions would not be doing any service to the economy as businessmen have already started to withdraw their capital from the banks and using parallel resources.

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