ADVERTISEMENT
Tuesday, May 26, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

EFP tuned in to socioeconomic recovery in 2023.

News Desk by News Desk
January 21, 2023
EFP tuned in to socioeconomic recovery in 2023.
Share on FacebookShare on Twitter


Employers Federation of Pakistan, which is the apex body of industries, is focusing on the socioeconomic recovery of Pakistan by advising, guiding and planning programs for the industrialists as well as maintaining a social dialogue with the workers. Pakistan has faced, and is facing, three key contextual influences, that are, COVID, climate change, and conflicts”. Majyd Aziz, Former President EFP, and Rabiya Anwer, Assistant Secretary General EFP, stated this in their presentation at the annual AOTS/EO Joint Study Workshop on “Global Challenges for Labor Environment 2023 –How to improve Industrial Relations” organized in Kuala Lumpur, Malaysia, by the Association of Overseas Technical Cooperation and Sustainable Partnerships of Japan.

The EFP team, while highlighting the economic scenario, said that the slower economic growth would reflect damages and disruptions caused by the catastrophic floods in 2022, a tight monetary stance by the State Bank, high inflation, and a less conducive global environment. The negative impact would seriously affect all segments of society especially the workers and SMEs. They added that the Pandemic disrupted major economic sectors, particularly in the services sector. Pakistan’s economic progress towards sustainable social, socioeconomic, and environmental development stalled including poverty alleviation as a result of job loss, living within the real wages, drastic reduction in the flow of remittances from overseas workers, and cutting down of social safety net programs”.

The EFP team further added that Pakistan is among the ten most vulnerable countries due to climate change. The country suffered and still suffers from heat waves, drought, and the devastation caused by the floods that displaced 35 million people, massively destroyed agriculture, resulted in many deaths, and caused nearly $18-20 billion overall loss to the nation.

The team disclosed that despite all these, EFP, along with other stakeholders, is increasing focus on environmentally sustainable economy through a comprehensive policy approach to stimulate clean and green environment, enhancing skills and employability, and facilitating innovative initiatives to address the challenges. EFP is placing a major emphasis on Occupational Safety and Health at the workplace. This is done through sensitization of employers and workers, advocating pragmatic legislation on environment, health and labor laws, as well as mentoring all to achieve UN Sustainable Development Goals 2030.

The EFP team further informed that EFP is also promoting social protection and motivation of independent labor service providers, gig workers, as well as home-based workers, to enter into the formal economy since these are another dimensions in the changing employment pattern. To ascertain the needs of the SME sector, EFP launched the EFP SMEs Business Development Support Services Needs Survey. Another initiative was EFP Women Empowerment through Employment and Entrepreneurship. EFP has also introduced the first-ever Pakistan Business and Disability Network with the mandate to bring employers together for promoting inclusion and decent work for persons with disabilities. Moreover, EFP is promoting the ratification of ILO Convention 190, which is Harassment and Violence at the Workplace.

Majyd Aziz and Rabiya Anwer also strongly urged the Employers to develop strategic partnerships so that commonality of views, positions, and actions are coordinated and the best practices disseminated in order to present a formidable stance to face all challenges to the labor environment in the coming future.

News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

BankIslami Launches FOCUS – A Credit and Financing Platform for a Faster & Seamless Customer Experience
BANKING

BankIslami Launches FOCUS – A Credit and Financing Platform for a Faster & Seamless Customer Experience

May 25, 2026
ICAP Recognizes Asma Jan Muhammad for Global Leadership Excellence
Business

ICAP Recognizes Asma Jan Muhammad for Global Leadership Excellence

May 25, 2026
COAS Asim Munir Meets Chinese Premier Li Qiang During PM Shehbaz’s China Visit
Headline

COAS Asim Munir Meets Chinese Premier Li Qiang During PM Shehbaz’s China Visit

May 25, 2026
Dr. Zahid Hasan Ansari Emphasizes Expansion of Pakistan–Canada Bilateral Trade Relations
Business

Dr. Zahid Hasan Ansari Emphasizes Expansion of Pakistan–Canada Bilateral Trade Relations

May 25, 2026
Establishment of Lions Club Platinum for Social Service, Education, Healthcare and Human Welfare
Business

Establishment of Lions Club Platinum for Social Service, Education, Healthcare and Human Welfare

May 25, 2026
Pakistan Cables partners with Legal Aid Society to advance legal awareness and women’s empowerment
Business

Pakistan Cables partners with Legal Aid Society to advance legal awareness and women’s empowerment

May 25, 2026
Desert Atlas: Beyond the Dunes of Cholistan
Business

Desert Atlas: Beyond the Dunes of Cholistan

May 25, 2026
Discussion on Challenges, Policy Matters and Market Situation Facing Ghee and Oil Industry
Business

Discussion on Challenges, Policy Matters and Market Situation Facing Ghee and Oil Industry

May 25, 2026
Rubio Says US-Iran Deal ‘Pretty Solid’ as Markets Rally on Peace Hopes
Headline

Rubio Says US-Iran Deal ‘Pretty Solid’ as Markets Rally on Peace Hopes

May 25, 2026
PM Shehbaz Calls for Pakistan-China Unity to Restore Middle East Peace
PAKISTAN

PM Shehbaz Calls for Pakistan-China Unity to Restore Middle East Peace

May 25, 2026
Next Post
Joint protest rally of CDM and civil society in Chitral.

Joint protest rally of CDM and civil society in Chitral.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Most Popular

No Content Available

Must Read

Solar users bear cost of power policy failures
Business

Solar users bear cost of power policy failures

November 19, 2025
IOK: Muslims celebrate Eid with Pakistan under military siege
Headline

IOK: Muslims celebrate Eid with Pakistan under military siege

May 24, 2020
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.