Korangi Association of Trade and Industry (KATI) President Syed Farukh Mazhar has criticised the government’s decision of four-day Eid holidays, saying it has badly affected business activities in the country.
In a statement, he said the situation had turned negative for businesses as some industries and banks remained closed on Saturdays, making it difficult for them to operate their concerns on Saturday and Sunday.
Moreover, many workers have taken leave for the whole week from Monday to Saturday, which would harm activities in industrial zones of Karachi.
“To be an Asian Tiger, as envisaged by Prime Minister Nawaz Sharif, businessmen have to work hard and meet export targets which in this scenario seems difficult to achieve,” said Mian Zahid Hussain, President of All Karachi Industrial Alliance.
“The business community fully supports the government’s economic agenda, but it needs to review its policy on Eid holidays.”
Published in The Express Tribune, August 1st, 2014.
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