PM rejects proposal to end CNIC condition for new business

Last updated on: 10 July,2019 06:52 pm

Imran Khan said that we need assistance of traders to improve financial status of the country.

KARACHI (Dunya News) – Prime Minister (PM) Imran Khan on Wednesday has met people belonging to business community in Karachi and discussed economic system in the country.

The business community suggested several steps to control inflation and to reduce sales tax to 5% from 17 %. PM Imran Khan on the occasion assured to solve the problems of business community and said businesses would not run by old methods now. PM denied to end the condition of ID card for starting of new business. Governor Sindh Imran Ismail, Minister for Maritime Affairs Ali Zaidi, Minister for Water Resources Faisal Vawda, Minister for Revenue Hammad Azhar, Adviser on Commerce Razak Dawood and Adviser on Finance Dr Abdul Hafeez Sheikh, Adviser on Institutional Reforms Dr Ishrat Hussain, Chairman FBR Shabbar Zaidi, Chairman Board of Investment Syed Zubair Haider Gilani and Governor State Bank of Pakistan Reza Baqir were also present on the occasion.

The Prime Minister said that the basic aim of his visit to Karachi is to address the problems faced by the business community. For this purpose, his entire economic team is also accompanying him.

He was talking to a delegation comprising representatives of Federation of Pakistan Chamber of Commerce and Industry, Karachi Chamber of Commerce and Industry and Automotive Parts Association.

During the meeting, the traders presented him recommendations over reforms in tax system, facilities in business and inflation. The premier assured them to resolve their issues by providing them new opportunities.

Our first priority is to eliminate poverty and to speed up the economic process, he added.

Imran Khan said that we need assistance of traders to improve financial status of the country.

The PM has also been scheduled to hold consultative meeting with party leaders and members of provincial assembly on the ongoing political situation in the country.

Earlier, Prime Minister Imran Khan had expressed his commitment to hold all those accountable who looted public money in previous regimes. Chairing a Federal Cabinet meeting, the PM asked what benefit the nation got from the luxury foreign tours of ex-rulers on public money.