PM Kakar promises incentives for businessmen to steady the ship

PM Kakar promises incentives for businessmen to steady the ship

Pakistan

The government is ensuring tax reforms

ISLAMABAD (Dunya News) - Caretaker Prime Minister Anwaarul Haq Kakar says he will stabilise economy by restoring the confidence of businessmen, industrialists and investors. 

During a meeting with a delegation of the Islamabad Chamber of Commerce and Industry, he said solving the problems of business community was top priority of the government. "I welcome your suggestions and try to implement these." 

The PM said that after assuming the office he started meeting the business community to get knowledge of their issues. He said the businessmen were strengthening the national economy and providing employment opportunities. 

He said the government was ensuring tax reforms and the system was being digitised. Without increase in the tax collection, the improvement of the country's economy was not possible, he added. 

The PM said an operation had been launched across the country, especially in the border areas, to prevent smuggling. Crackdowns had been carried out during the last 48 hours and positive results were being received.

He said consultation was under way to strengthen trade with neighbouring countries whose authorities also welcomed ban on smuggling. 

He reiterated that economy would be strengthened by restoring the confidence of traders and investors. Strict action would be taken against the electricity pilferers as reforms in the power sector were proceeding rapidly. 

He said consultation with all stakeholders was necessary to solve the country's problems and the Ministry of Commerce should ensure regular suggestions and consultation with the chambers across Pakistan.

The PM directed that an early report be submitted regarding expanding the scope of FBR points of sale, improve the performance of commercial attachés posted in Pakistani embassies, improve the CDA system and make the business community part of the consultation process.

He also directed the CDA to digitise all the land record and facilities being provided to the citizens.