Businessmen want in on budget making

Also ask government to eliminate the SRO culture.

Business community also want the government to abandon the statutory regulatory order (SRO) culture to improve the industrial and business activities in the country. DESIGN: CREATIVE COMMON

FAISALABAD:


The business community of Faisalabad wants that the newly elected government of Pakistan Muslim League – Nawaz take all stakeholders on board while preparing the framework for the budget 2013-14.


They also want the government to abandon the statutory regulatory order (SRO) culture to improve the industrial and business activities in the country.

These requests were made by the president of the Faislabad Chamber of Commerce and Industry, Mian Zahid Aslam, on Monday.


He said that businesses are struggling for their economic survival due to the prevailing energy crisis, high cost of doing business and deteriorating law and order situation. However, he showed his confidence that the PML-N government and its team of economic experts have the capability to steer the economy out of these challenges.

“It is imperative that the government should take all the stakeholders into confidence for the sake of long-term economic stability,” he added.

The SRO culture, developed by the Federal Bureau of Revenue, needs to be abandoned as frequent issuance of SROs in the last days of the previous government created unlimited problems and hardships for the business community.

He said that the FCCI has already forwarded its proposals for the Federal Budget 2013-14 to the government with special mention of discouraging the SRO culture.

Published in The Express Tribune, May 21st, 2013.

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