Advertisement
Categories: BusinessNewsPakistan

Government Committed to Support Business Community, Says Minister for Industries

Advertisement

Minister for Industries and Production, Rana Tanveer Hussain, announced on Friday that the government is actively taking measures to facilitate the business community and the general public.

Speaking to a delegation from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), led by its President Atif Ikram Sheikh, the minister highlighted the government’s efforts to set up special economic zones to attract investment.

Hussain emphasized that economic development can only be achieved through increasing exports and assured the delegation that the government is addressing the challenges faced by the industry.

FPCCI President Atif Ikram Sheikh pointed out the need to align energy prices with those of regional countries to enhance competitiveness. He stressed that to eliminate dependency on the International Monetary Fund (IMF) and boost domestic exports, Pakistan must pursue industrialization. Sheikh added that if the government provides relief in electricity tariffs, the business community could meet an export target of $60 billion.

Advertisement
News Desk

Recent Posts

Pakistan to Witness Nearly 7 Million Animal Sacrifices on Eid-ul-Adha

Pakistan is expected to witness the sacrifice of more than 6.97 million animals during Eid-ul-Adha…

2 days ago

US Tech Fund commits $10 million to 2 Pakistani IT entrepreneurs

Pakistan's two IT entrepreneurs-- Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million…

2 days ago

Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent

Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the…

2 days ago

Sindh Govt Bans Qingqi Rickshaws in Karachi, Imposes Heavy Fines Under New Traffic Reforms

Sindh’s Minister for Law and Home Affairs, Ziaul Hassan Lanjar, has approved sweeping changes to…

2 days ago

AKU LEADS with micro-credentials: A flexible programme for academic advancement, upskilling and reskilling

Today, the world is changing rapidly more so than ever before with disruptive technological development…

2 days ago

Aeon & Trisl Secures Emaar’s Top Broker Title for Q1 2025 – 7 Quarters in a Row

Aeon & Trisl Real Estate Group has once again claimed the coveted title of Emaar’s…

2 days ago