Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Political uncertainty to reverse economic growth: PIAF

byCT Report
01/01/2018
in Business
Share on FacebookShare on Twitter

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has said that politics of agitation and sit-ins would push the national economy to the wall; therefore, all political parties should show maturity and try to resolve issues through talks as stability was a must for economic development.

PIAF Chairman Irfan Iqbal Sheikh, Senior Vice President Tanveer Ahmed Sufi and Vice President Shahzab Akram told APP here that national economy lost about Rs 400 billion due to different protests and long marches in previous years.

You might also like

Pakistan’s inflation hits two-year high at 10.9pc in April

02/05/2026

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

Businessmen were committed to the constitution and democracy; they would not support any undemocratic action against the governmen.

PIAF Chairman Irfan Sheikh said that Pakistan is in dire need of stability in policymaking and strong institutions and to achieve the very objective, both politicians and business leaders would have to join heads for finding out a common economic agenda.

The incumbent government, he said, had put the economy of the country on the right track; however, political uncertainty would reverse the economic growth achieved so far. “Let the Pakistan’s economy move toward improvement and speedy completion of public welfare projects,” he added.

The PIAF office-bearers stressed the need that all political forces should, without any further delay, initiate consultations with the economic leadership, including the PIAF, to chalk out an elaborate plan of action, aimed at reducing dependence on external assistance and achieving the long-cherished economic goals.

Related Stories

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Next Post

Iranian official unveils plan for gas exports to Europe

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.