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Discuss issues of the business community with the Finance Minister, Kamran Tessori.

News Desk by News Desk
November 28, 2022
Discuss issues of the business community with the Finance Minister, Kamran Tessori.
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KARACHI: Governor Sindh Kamran Tessori has said that I am the ambassador of the business community and I talk to the government and convey the problems of businessmen and industrialists as their representative. Two days later, Federal Finance Minister Ishaq Dar is visiting the Governor House, where I will discuss all the issues faced by the business community. He expressed these views while addressing a luncheon held at the Korangi Association of Trade and Industry (KATI). On this occasion KATI Patron-in-Chief SM Muneer, President Faraz-ur-Rehman, KITE Limited CEO ZubairChhaya, Senior Vice President NighatAwan, Vice President Muslim Mohammadi, well-known business leader Akhtar Khan Tessori, Senator Abdul Haseeb Khan, UBG Sindh Region Chairman Khalid  Tawab, Former Presidents GulzarFeroze, Masood Naqi, Farhan-ur-Rehman, Saleem-uz-Zaman, Sheikh Umar Rehan, Danish Khan, Ehtshamuddin, HanifGohar, Noor Ahmed Khan, Dr. Saif, including senior officials, officers and members of KATI were present.

Governor Sindh Kamran Tessori is presented with the shield by KATI’s Patron-in-Chief SM Muneer and President Faraz-ur-Rehman, Akhtar Tessori, Senator Abdul Haseeb Khan, ZubairChhaya, Khalid Tawab, NighatAwan, Muslim Mohammadi and Dr. Saif are also present.

Governor Sindh Kamran Tessori said that on the proposal of business community leaders SM Muneer and Faraz-ur-Rehman, representatives of the business community will be included on the boards of major institutions. I will talk to the Governor State Bank and the government to resolve the LC issues of the export industry.

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Kamran Tessori further said that after two days Federal Finance Minister Ishaq Dar is visiting the Governor House, on this occasion I will discuss the problems of the business community. He said that the time has come that government institutions should fix their problems and perform their duties efficiently. During the discussion with the business community, the problem of the majority is electricity and gas. It will be discussed with K Electric to ensure an uninterrupted supply of electricity to the industry, similarly, honest CEO/MD has been appointed to the Water Board, but there is corruption at the lower level, and steps will be taken to remove it. Terssori said that he will personally monitor the performance of the government officials. Strict action will be taken against the encroachers.

Governor Sindh said that there is an effort to establish community schools in the city, to work on education and health, as soon as he assumes the post, he first asked PPP leader Asif Zardari to fix the condition of Abbasi Shaheed Hospital which he expressed great interest. This is the reason why Senator Abdul Haseeb Khan has been requested to head the hospital to improve it. Withdraw the letter of CPLC issued by the Governor House and has sent a new letter to the administration suggesting that ZubairChhaya is of good reputation and should be re-appointed. Tessori said that the army should not be maligned, 99% of the majority of the Pakistan Army belongs to the middle class and they know the problems of the common people.Moreover, he said that efforts are on to speed up the assistance to the flood victims.

Earlier, KATI Patron-in-Chief SM Muneer said that the country is suffering from a severe economic crisis, and the former finance minister has said that the country is in danger of bankruptcy. In such a situation, the government should give priority to the suggestions of the business community. Government institutions should include representatives of the business community as board members to increase efficiency. For the first time, a reliable person has been appointed as the MD of the water board, otherwise, all the previous MDs were the most corrupt people. Due to the incompetence of the water board, I shifted from Karachi to Lahore and other industrialists are also shifting from Karachi. Defamation of the army should end, things have improved a bit with the appointment of a new army chief. However, the soldiers of the Pakistan Army are our heroes who are giving sacrifices regularly.

KATI President Faraz-ur-Rehman said that the economy is facing difficulties, the LC issues from the State Bank are increasing, and there should be no delay in the payment of raw material import. Apart from this, the industrialists have enormous problems getting gas, electricity and so on. The law and order situation in the city is deteriorating once again. Safe city projects, security and plantation need to be done in Korangi industrial area. The infrastructure of the city is in poor condition, which should be repaired immediately.

ZubairChhaya, CEO of KITE Limited, said that the foreign exchange reserves are decreasing, and there is a shortage of dollars, but he is confident that Pakistan will come out of this crisis successfully.KITE Limited was established on the model of SITE Limited in the industrial areas of the city, the government also provided funds for the improvement of infrastructure which was well spent, however, the land control department was promised to be handed over which has not been implemented to date. The cottage industry is the backbone of the country. The government is suffering losses due to the court decision banning the transfer of land. However, we will not allow all the cottage industry across the city including Mehran Town to be closed. As the representative of the Federation, it is hoped that the Governor of Sindh will play an important role in solving the problems of the industrialists.

Former President Senator Abdul Haseeb Khan said that the pharma industry has reached the brink of destruction due to the State Bank’s initiative. Payments are not being made on the import of raw materials, which is not only discrediting the country, but the industry will stop getting raw materials. Non-payment by State Bank will save dollars but the industry will be destroyed, and export orders will not be fulfilled due to the non-availability of raw materials which will directly affect the income.

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