Pakistan Observer

Business community terms long march fatal to economy

Muzaffar Ali

Thursday, January 17, 2013 - Lahore—Showing deep concern over the recent political upheaval and a recent surge in terrorism across the country, the business community termed the long march and the sit-in by Dr Tahir-ul-Qadri a fatal blow to the already crippled economy of the country.

In a press statement issued here on Wednesday, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) pinned down the current condemn shows deep concern over current horrendous political situation a major threat to the economy since the economy is not capable for any other crises.

The chamber further stated that situation, emerged after long march and Supreme Court’s Verdict in regard of nabbing the Prime Minister in rental power scam is very disappointing for business activity. “Economy is already suffering from a critical situation from last many years due to energy crises,” it added.

Sheikh Abdul Waheed Sandal, Regional Chairman FPCCI, Azhar Majeed Sheikh, Vice President FPCCI and Khawaja Khawar Rashid, Chairman FPCCI Regional Standing Committee on Law and Order urged the to induct the caretaker setup and make sure election as early as possible.

They asserted that country future is based on democratic system and whole nation is waiting for change through ballet. They said government is near to complete its tenure and it is not a big issue to dissolve the assemblies besides announcing a neutral caretaker setup to foil the conspiracies.

They said life in Islamabad had paralyzed since the adjacent roads were occupied by the protesters and security agencies while foreigners cancelled their scheduled agreements with Pakistani manufacturers.
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