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President ICCI congratulates PM Sharif and briefs him about issues of business

ISLAMABAD  ( Web News  )

Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) during an interaction congratulated Muhammad Shahbaz Sharif on being elected as Prime Minister of Pakistan and expressed best wishes for him. He said that Shahbaz Sharif was an accomplished businessman and was well aware of the key issues of the business community that needed urgent remedial measures to improve the economy. He proposed that the new government should initiate reforms process on priority basis to revive the economy. He said that there was a great need to further promote the ease of doing business to boost industrialization and exports. He highlighted the many challenges being faced by the economy including depreciation of rupee, rising debt burden, high interest rates, surging inflation, falling foreign exchange, high energy cost and rising circular debt that needed priority attention of the government to address them. He said that the new government should take strong measures to facilitate the private sector so that it could grow fast and play a more effective role in the economic development of the country.

Muhammad Shakeel Munir said that the incumbent government should engage the private sector in consultation process and make policies after getting their input to steer the economy out of current challenges. He assured the Prime Minister that the business community would fully support his government in its endeavours for making Pakistan a progressive and prosperous country.

 

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