ICCI hopes new govt to put economy on sustainable growth trajectory

Islamabad : Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) in a statement hoped that the newly elected government would put the economy on the path of a sustainable growth trajectory by taking priority measures to address the key issues of the business community and maximising ease of doing business in the country.

He said that Pakistan has plenty of natural resources and a great potential to emerge as a strong economy. He stressed that the newly elected government should focus on good governance and regulatory reforms to unlock the true economic potential of the country and make it a hub of business and investment activities, says a press release.

Ahsan Bakhtawari said that the rising inflation, high energy prices, unaffordable bank markup, policy inconsistency, complicated regulatory regime, import restrictions, etc. are some of the major factors that are hindering the growth of business activities and emphasised that the newly elected government should engage the private sector in consultation to address these issues on priority basis and facilitate the better growth of trade and industrial activities in the country.