‘Positive indicators have paved way for prosperity’

President Mamnoon urges businesses to continue economic contribution

APP May 04, 2016

ISLAMABAD: Positive economic indicators have put Pakistan on the path of progress and prosperity and with completion of the China-Pakistan Economic Corridor (CPEC), it would soon become an important country of the region, said President Mamnoon Hussain.

Speaking at the fourth Achievement Award Ceremony of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), he said that under the CPEC the government was working on major infrastructure development and energy projects, adding that the national economy was moving ahead at rapid pace.

“All the economic indicators in the country have improved over the past three years and this fact has been acknowledged by several international organisations,” said Hussain.

He said that the business community and trading bodies were playing a key role in strengthening the economy owing to the great turnaround shown by the prudent policies of the government

The president urged industrialists and exporters to look for new markets and asked them to seek remedial measures from the government departments, which would facilitate them.

Talking about taxes, he urged the business community to play their role in promoting the tax culture by paying regular taxes to generate more revenue and help strengthen the country’s health, education and social sectors.

Hussain said that corruption has damaged the country in the past but now the situation was improving.

Speaking about Pakistan’s ties with its neighbours, the president said that they wanted good relations with all including India and Afghanistan.

Trade Development Authority of Pakistan Chief Executive Officer S.M. Munir lauded the measures taken by the government to bring about economic stability and ensure law and order in the country.

Hussain gave awards, certificates and shields amongst 73 participants for their outstanding performance in boosting trade and strengthening the economy.

Published in The Express Tribune, May 5th, 2016.

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