LAHORE: The Lahore Chamber of Commerce and Industry on Friday welcomed the Punjab budget 2017-18 and said it would promote investment and boost various sectors.
LCCI President Abdul Basit said a number of steps had been announced in the budget which would attract foreign investment. He said the Punjab government had paid special focus on education, health and agriculture sectors in the budget 2017-18. He termed the Punjab budget positive, pro-industry and pro-poor and said Chief Minister Shehbaz Sharif deserved congratulations for presenting a balanced budget. He added the budget would lessen sufferings of the poor.
He said after a long time, planners had paid attention to small and medium enterprises (SMEs) that remained neglected in the past. He said this sector was the main provider of employment around the world. He added that the Punjab had a strong SME base. “Levying no extra tax on the business community will pave the way for investment in the province and will also restore confidence of businessmen on the government”, he added.
