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PIAF hails govt’s steps in energising economy

byCustoms Today Report
21/03/2014
in Latest News, Trade Associations
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LAHORE: PIAF Chairman Malik Tahir Javed has said that business community was feeling the heat since last couple of years due to dreadful economic indicators, deteriorating law & order situation and harmful energy crisis but the present government has given a bigger relief to the business community by setting ambitious economic targets.

While lauding the efforts of Prime Minister Nawaz Sharif and Federal Finance Miniser Ishaq Dar to kick start the economy, Pakistan Industrial & Traders Associations Front (PIAF) has said that the gift of $ 1.5 billion from a brotherly country would certainly energise the trade and business activities.

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In a statement, PIAF Chairman Malik Tahir Javed said that criticism for the sake of criticism always creates bad impression and undue hurdles. Therefore, the saner elements should support the government in its endeavours to erase poverty and unemployment from this part of the world.

He said that economy has taken a positive turnaround as Pakistani rupee had gotten strengthened that would definitely bring input cost of the industrial sector.

Malik Tahir Javed assured the government of all possible help and cooperation to achieve the targets set by the government including cut in fiscal deficit, GDP growth and Foreign Direct Investment.

He hoped that immediate, medium and long-term steps of the government to meet the fast increasing energy needs would yield the result very soon. He said that special focus of the government on issues including terrorism, energy and economy would ensure rapid development of the country.

Tags: newsTrade Associations

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