Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zakaria Usman said that Pakistan is passing through a critical phase demanding all parties to discuss peaceful solutions to current problems.
Usman said the uncertain law and order situation is creating problems for the businesses and people. The life threats to businessmen and buyers who come to place orders are on a rise.
“Political instability is adversely affecting economic performance of the country,” said Usman. “When this situation arises, investors adopt a wait-and-see attitude. He mentioned that the strained relationship among political parties will damage the business confidence and investment activities.
FPCCI president concluded that the ultimate target of the macroeconomic policies is the achievement of high and sustainable economic growth.
Published in The Express Tribune, August 7th, 2014.
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