Traders urge promulgation of rent law

Urges Umar to honor his assurance to resolve the long-standing issue of the local business community

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Sheikh Amir Waheed said that Asad Umar, the man tipped to be finance minister, had assured traders that the promulgation of the new rent control act would be arranged within the first 100 days of the new government. He further urged Umar to honor his assurance to resolve the long-standing issue of the local business community. He said this while congratulating the newly-elected office bearers of the Traders Welfare Association (TWA), Jinnah Super Market, Islamabad. Waheed said that the ICCI made great efforts during the previous government’s tenure for the new rent law and an amended bill of rent restriction act was presented in the National Assembly. “But unfortunately, no progress was made,” he said.

Published in The Express Tribune, August 1^st, 2018.

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