Advertisement
News

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

Senior Russian General Killed in Car Bomb Near Moscow

A senior Russian military official, Major General Yaroslav Moskalik, was killed on Friday in a…

19 hours ago

LUMS Launches CeDAR to Drive Blockchain and Web 3.0 Innovation in Pakistan

The Center for Digital Assets Research (CeDAR) at LUMS was officially launched on April 24,…

19 hours ago

IPAK Group Posts Strong Q3 Results

International Packaging Films Limited (IPAK) Group has recorded 66% increase in its revenues for the…

19 hours ago

AKU, Local and Global Partners Launch Landmark Malaria Elimination Project in Thatta

The Aga Khan University (AKU) marked World Malaria Day with the launch of the Thatta…

19 hours ago

Stanford Scientists Unveil Solar Panels That Work at Night

Researchers at Stanford University have unveiled a breakthrough in solar technology: a new type of…

19 hours ago

NDMA Warns of Severe Weather Across Pakistan, PMD Issues Heatwave Alert Ahead of May Storm System

The National Disaster Management Authority (NDMA) has warned of unstable weather conditions across several parts…

19 hours ago