Chambers of Commerce satisfied with PTI govt’s pro-business policies

Government of PakistanChambers of Commerce satisfied with PTI govt’s pro-business policies

ISLAMABAD, Pakistan: All the major Chambers of Commerce of the Country have expressed satisfaction over the Pakistan Tehreek-e-Insaf (PTI) government’s pro-business policies and the steps taken for ease of doing business (EoDB).

In a meeting with Prime Minister Imran Khan in Islamabad on Friday, the Presidents of all the main Chambers of Commerce appreciated the prime minister and his economic team for attaining 4% GDP growth despite the COVID-19 pandemic, 15% increase in Large Scale Manufacturing, incentives for the export industry and removal of hurdles, incentives for Small And Medium Enterprises (SMEs) by the State Bank of Pakistan, and providing the business community an opportunity to benefit from trade potential of Uzbekistan.

They also lauded the government’s initiative to directly listen to the proposals of the business community for the first time and also pointed out hurdles in the business for a gulf between the government and the business community in the past.

In the meeting, the government and the business community also agreed to devise a strategy with mutual consultation to increase tax revenue.

Emphasizing industrial development for the economic progress of the Country, the prime minister said the government is providing incentives to industries for enhancing exports.

Imran Khan said that reforms are underway to improve the tax system, and consultation with all stakeholders will accelerate this process.

The prime minister directed the Federal Ministers to remain in contact with all stakeholders and hold regular meetings with them to listen to their problems and proposals.

The prime minister said that after providing facilities to industrialists and the business community, the government is now focused to resolve issues through mutual consultations.

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