UK wants to boost South Punjab economy
The Head of Economy and Trade at the British High Commission, Mahesh Mishra, said that the United Kingdom had been offering assistance to improve various sectors, including health and education, in Pakistan.
He said this while addressing a ceremony at the Multan Chamber of Commerce and Industry (MCCI).
Mahesh Mishra hailed Pakistan's commitment to economic stability.
Mishra highlighted the ongoing programmes across the provinces, emphasising on the efforts to boost employment in the SME sector and facilitate access to British markets for Pakistani businessmen.
Mishra commended the unique aroma and taste of Multani mangoes and explored the renowned Blue Pottery Institute, acknowledging its global significance.
He said that the UK had been assisting Pakistan in expanding the tax net, aiming to alleviate pressure on the existing taxpayers and attract new contributors.
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Furthermore, Mishra outlined collaborative measures to address challenges in health and education, stressing the importance of skill development in the SME sector.
He expressed dedication to boosting economic activity in South Punjab and fostering a conducive business environment.
Plans for boosting economic activity included improving the regulatory framework, promoting barter trade and supporting Pakistani businesses getting access to the UK market.
Mishra also unveiled a "green financing" programme to facilitate Pakistan in combating environmental challenges, highlighting a 10-year commitment under the Climate Investment Program.
Mian Rashid Iqbal, president of the Multan Chamber of Commerce and Industry, also spoke on the occasion and informed the head of Economy and Trade at the British High Commission about Multan's rich heritage and economic potential.
Published in The Express Tribune, December 4th, 2023.