Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt has said the industrial package for investors is a political move which will increase the problems for the economy.
\In a statement issued here on Sunday, he said that the political decision will increase the deficit and further reduce the value of the rupee, which will increase inflation.
Shahid Rashid Butt was of the view that important economic policies are failing, as the problems are not diagnosed properly. The people will pay the price of the relief and incentive packages as the government lack resources to fulfil the promises, he added.—INP
