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Govt needs to implement economic reforms soon: Mian Zahid Hussain.

News Desk by News Desk
May 31, 2023
Govt needs to implement economic reforms soon: Mian Zahid Hussain.
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(May 31-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said those who plotted to provoke people against army have miserably failed.

The politicians who were trying to isolate Pakistan have been isolated for which credit goes to patriot Pakistanis who love their army, he said.

Mian Zahid Hussain said that the army has made a few mistakes, but their sacrifices and martyrdoms are above all.

Talking to the business community, the veteran business leader said that the bravery, professionalism, and high performance of the armed forces in the war against terrorism and in dealing with earthquakes, floods, and other calamities are etched in the hearts of the people, and due to this institution, they can sleep peacefully.

The business leader said that relations between Pakistan and China are deeper than the sea and higher than the Himalayas, and both countries have the same position on international and regional issues.

At the behest of some powers, a conspiracy was hatched to create cracks in the relations between friendly countries, which has been successfully countered, and now work on the CPEC has started again, Chinese banks have also rolled over loans forwarded to Pakistan, and they are cooperating in all fields.

Mian Zahid Hussain said that the destruction of national assets and damaging relations with friendly countries should not be allowed for the political interests of some failed politicians.

Failed politicians should not be given importance, and the people should be shown their real face, he said, adding that political stability is coming in the country and the confidence of the business community is also being restored.

However, he said, authorities should take steps to provide immediate political and economic stability and relief to the people; otherwise, the situation in the country will never improve.

There is an urgent need for the government to take tough decisions, widen the tax net, sell failed enterprises, control circular debt, reduce business costs, and do other necessary reforms to improve exports and cut inflation and the trade deficit.

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