Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zakaria Usman said the country continues to face economic and political problems for the last 67 years, stressing that the uncertainty on the political front would only aggravate the issue.
“Pakistan is currently battling terrorism and our army is fighting a decisive battle in North Waziristan to eliminate terrorism,” said Usman on the flag-hosting ceremony at the Federation House, Karachi. “At this critical juncture, any political uncertainty could aggravate current challenges.”
Usman pointed out that the expenses incurred by the country during the last decade on the war against terror have taken a toll on the economy. “Moreover, severe energy shortages have ruined the country’s industrial production. This has caused unemployment and, as a result, the it is creating security issues.”
While talking about the current scenario, he said political parties should avoid confrontation that may lead to violence and hamper the process of economic and trade development in the country. “Politics and economies should be kept separate, as Pakistan cannot suffer further economic losses.”
Usman said strikes, mob harassment and destruction of public and private property are national losses. “In such a situation, it is difficult for labour on daily wages to earn their living as these activities badly affect the trade and industry of the country.”
The FPCCI also arranged a programme with reference to Independence Day for school children. The programme was attended by a large gathering including Shaukat Ahmed, FPCCI Senior Vice President, Ismail Suttar, FPCCI Vice President Haji Shafiqur Rehman, Shiddqiue Sheikh, and Ashfaq Siddiqui.
Published in The Express Tribune, August 15th, 2014.
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