Says government is focusing on improving the ease of doing
business in order to facilitate the business community and to attract foreign investment
Our Special Correspondent
LAHORE: A leading delegation of industrialists Saturday had an
important meeting with Advisor to Prime Minister on Finance Dr. Abdul
Hafeez Sheikh in the presence of Advisor of PM on Commer Abdul Razaq Dawood, State Minister for Revenue Hammad Azher and Govrnor Punjab Chaudhry Muhammad Sarwar.
LCCI President Almas Hyder was leading the delegation while Dr. Salman Shah, Dr. Haqan Najeeb, Iftikhar Ali Malik, Shahid Hassan Sheikh, Farooq Iftikhar, Muhammad Ali Mian, Malik Tahir Javed, Nabeel Hashmi, Goher Ijaz, Farooq Naseem were prominent amongst the others.
The delegation members spoke in detail about the challenges being
faced by the trade, industry gave various suggestions aimed at
improving the economy.
Dr. Abdul Hafeez Sheikh said that the proposals of all business
community would be considered as they are backbone of the economy. He said that government is focusing on improving the ease of doing
business in order to facilitate the business community and to attract
foreign investment. He said that role of business community is highly
important for economic stability of the country. He said that the
issue of refunds would
The delegation, led by the LCCI President Almas Hyder, was of the view
that industry cannot be competitive globally unless it is competitive
in its own country. Industry owns the local market which unfortunately
is flooded with smuggled, under invoiced or imitation products.
Industry is uncompetitive because heavy load of taxes, levis, advance
and withholding taxes on raw materials and energy.