KARACHI – Three years of the present government have been spent collecting Taxes and bowering loans to create stability in the economic sector & to meet huge payments of loans due in these three years although borrowing loans decisions were not taken on time and delayed action costed more expensive.
Also what has been achieved to stabilize the currency is a big question for a common citizen because rupee buying power has gone down beyond control. Trade and Industry have been trying to do its best to increase production & exports but could get nominal improvement in exports & production in various sectors. Government financial policies must be unfolded to the stakeholders so that trade & Industry must come to know their limitations to meet the cost of doing business.
Trade & industry is ready to shoulder the burden if taken into confidence but the trust deficit is increasing. Formulation of business policies must widen the scope of prosperity. White elephants projects & government-oriented projects must be closed and stopped at once to save hard earn dividends by taxpayers, Our exports must increase for which both hands are required to deliver. our trade consuls are required to meet their targets set according to the volume of respective markets.
After 3 years government has come forward to explain it would have been better to review annually with the consultation of stakeholders. Circular debt and IPPs issues need decisions in the interest of Pakistan only. IPPs have already sucked more than enough blood of Pakistani’s. They must be taken over by an executive order to save our economy.
