ACCORDING to a latest survey, conducted by Gallup Pakistan, sixty one percent traders in Pakistan consider the environment for business suitable.
Out of the four hundred businesses from different sectors whose views were incorporated in the survey, seventy two percent respondents expressed hope for betterment in conditions for trade in future.
The figures of the Gallup survey really suggest that the country is now heading in the right direction regardless of challenges such as that of the Covid -19.
Credit for this really goes to the government’s economic team for pursuing the policies that were in the interest of the country.
After almost two years, these policies have started yielding results. All the economic indicators are now on a positive trajectory with large-scale manufacturing registering record growth of 14.50 percent.
It will not be wrong to say that the textile sector is booming like never before as the industry is operating at its full capacity.
All this indicates that the business community has full confidence and trust on the economic policies pursued by the PTI government.
The process of extending concessions and facilities to the entrepreneurs especially to the small and medium enterprises must continue if we really want to take the country to rapid industrialization and achieve sustainable economic growth.
This is also important to provide job opportunities to the country’s huge youth bulge. Removing undue hurdles and red-tapism in the setting up of new businesses will go a long way in further attracting both domestic and foreign investment in the country.
Imparting market oriented skills to the youth is also important to meet the future requirements of the industries.
At the same time, the due focus should be given to the uplift of the agriculture sector as per the modern techniques in order to ensure food security.
Whilst the government has taken some appreciable steps such as increasing the support price of wheat, efforts should also be made to cut the input costs of the farmers.
A satisfied and prosperous farmer will also turn the fortunes of the country.
