News Desk |
Prime Minister Imran Khan on Wednesday assured the business community that the Pakistan Tehreek-e-Insaf government was committed to easing doing business in the country.
The prime minister, in a series of meetings with various delegations of Karachi-based businesses at the Singh Governor House, emphasized that poverty alleviation was the top priority of the government and sought there to help achieve the goal with the active involvement of all stakeholders.
“I along with my team are here to take stock of the situation and help address all genuine grievances of the investors and the business community,” he said, reiterating that the national economy could no longer be run on obsolete concepts.
Talking to the delegations of representatives of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Karachi Chamber of Commerce and Industry (KCCI) and Pakistan Automotive Parts Manufacturers/Assemblers Association (PAPMAA), he said reforms in the taxation system are also an essential component of the PTI’s economic policy.
The government, he said, was said to be equally focused on the advancement of investment, raise in revenue generation, inflation control and combating the increase in the cost of living.
The prime minister assured representatives of the local business community that his visit to Karachi was to personally listen to their problems and get them settled for good.
Responding to suggestions forwarded by the business community, Imran said an efficient strategy was being evolved to counter smuggling, which was causing massive loss to the country’s industrial sector as well as the economy.
The prime minister during the meetings was accompanied by Sindh Governor Imran Ismail and other ministers.
The delegations unanimously raised the issue of smuggling (inland and otherwise) as a major challenge severely affecting the competitiveness of Pakistan-made and manufactured goods in the national and international markets.
They also extensively deliberated upon the issue of taxation and shared with the prime minister their recommendations to enhance revenue generation on a sustainable basis.
The prime minister directed his team to look into the issues and get them urgently and adequately resolved.