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Home OPINION

The current situation, Pakistan desperately needs of ten-year economic policy.

News Desk by News Desk
May 5, 2020
The current situation, Pakistan desperately needs of ten-year economic policy.
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Former Senior Vice President of Korangi Association of Trade and Industry(KATI) Faraz-ur-Rehman has said that Corona virus has not only shaken off the world economy but this epidemic has created economic crisis all over the world, Pakistani nation is difficult. The situation is not alarming. We will all get out of this difficult time together. It is necessary for everyone to do their part according to their ability and capability to revive the national economy.

If the government provides facility to the business community on such an occasion, then we too will go ahead and show the country to the nation through this facility. He said that Pakistan’s resources are very less than other countries but our morale is high. He said that in the current situation, Pakistan desperately needs a ten-year economic policy, to stop the rising value of the dollar and the State bank It has become imperative to reduce it to 7% if economic policy is formulated according to the present times There is no doubt that Pakistan will soon become an Asian tiger. He said that economic activities are already stalled due to the outbreak of Corona Virus. It is not yet clear in Pakistan how long the disease will be controlled but we He hoped that the government would soon allow the resumption of economic activities.

He said that the government was not paying much attention to the automobile sector. That is why this sector has fallen into disrepair but is ignoring the sectors that play an important role in the national economy. I understand that if there is such a gap between the government and the business community, the country’s economic growth will not be strong.

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