Future budgets: KCCI presents proposals for next budget

KCCI president urged the new government to facilitate private sector

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has emphasised that the newly elected Government in its first 100 days must bring economic reforms which are crucial for sustained economic growth leading to economic prosperity and development in the country. President KCCI, Muhammad Haroon Agar, unveiling the Chamber’s budget proposals for 2013-14 on Tuesday said that government’s basic objectives of the budget exercise should be to increase foreign direct investment (FDI), reduce the budget deficit and create new ventures for industries. He urged the new government to facilitate private sector, encourage entrepreneurs to expand existing businesses and to undertake new ventures and industrialisation. The proposals seek to redress the issues through both administrative and policy measures aimed at providing relief and facilitation to the tax payers.

Published in The Express Tribune, May 2^nd, 2013.

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