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

Sindh leading Pakistan on human rights: Hemnani

Marking International Human Rights Day, Sindh Government Spokesperson and Sindh Human Rights Commission Board Member…

5 days ago

KW&SC launches rapid overhaul of vital BRT water pipeline

The Karachi Water and Sewerage Corporation (KW&SC) has begun expedited work to replace a deteriorated…

3 weeks ago

Pakistan’s First Centre of Excellence in Gaming and Animation Launches its Inaugural Startup Cohort

Pakistan’s gaming and animation ecosystem enters a transformative phase as the Centre of Excellence in…

3 weeks ago

Cloudflare Outage Disrupts Major Online Platforms, Including X and OpenAI

A multi-platform outage struck earlier today, triggered by service issues at content delivery network (CDN)…

4 weeks ago

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

2 months ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

2 months ago