Representation in interim govt sought

LAHORE: Leading businessmen and experienced economists should be part of the interim government to ensure economic integrity, said Malik Tahir Javaid, president of the Lahore Chamber of Commerce and Industry on Wednesday.

Talking to a group of representatives of different industries, he said economy is in a sensitive mode and interim government cannot afford to run without a team of economic experts.

Only economically strong Pakistan can handle all sorts of international pressures; therefore, war against economic ills should be started instantly and a task force for economic revival, having representatives from both public and private sectors should be formed.”

Pakistan is a resource-rich country and does not need any external financial help, he said, adding that the economic weaknesses of any country give opportunity of criticism to the others and same is being happened in our case.

Javaid said that political instability, below the mark foreign direct investment, high cost of doing business, politics on mega projects such as Kalabagh Dam and huge trade deficit have led to stagnant growth in Pakistan.