LAHORE, April 03 (Online): Pakistan’s bleak economy cannot bear the brunt of political instability and go with politics of confrontation at this crucial juncture of time of Covid 19 aftermath.
Taking to a delegation of trade leaders led by President United Business
Group Zubair Tufail President SAARC Chamber Iftikhar Ali Malik here Sunday said that political stability attached paramount significance for constant sustained economic growth to confront with the impending multiple challenges.
He said political instability cast negative impact on economic growth
and especially it further weaken the shattered economy of under develop
countries.It is vividly evident from the facts that mostly international
players create such types of sorry state of affairs to achieve their nefarious designs for their vested interests.
Iftikhar Ali Malik said it is indeed important to bolster our exports to
maximum extent coupled with ease of doing business so that our products can remain competitive in the global markets. He said Allah blessed Pakistan with abundant natural resources and rich mineral deposits which must be fully exploited for prosperity progress and development. He said consistency in the government policies always mattered a lot and another key factor is a clear roadmap to move forward,” he added.
The veteran octogenarian trade leader was of the view that entire
private sector including the industrial sector should discharge their national obligations and play their role in strengthening the economy while on the other hand government should introduce afresh reforms and control thesmuggling of raw material and finished goods besides clamping complete ban onimports of unnecessary items devouring hard earned foreign exchange.
Other eminent members of the delegation drawn across the country included
Zafar Bakhtawari,Dr Mirza Ikhtiar Baig,Khalid Tawab,Gulzar Feroz,Sh Riaz,Dr Nouman etc.
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