Staff Reporter
Quetta
Pakistan Tehreek-e-Insaf (PTI) Central Vice President Fehmida Kausar Jamali has said that the present political set up in the country was people-centric and its socio-economic agenda was aimed at economic benefits to the people despite big challenges.
Speaking with business community on Friday, she said government is trying to focus on boosting Pakistan’s industrial capacity through joint ventures in priority areas, relocation of labour-intensive export-led industry, SMEs collaboration and enhancement of vocational training capacity.
“The Incumbent government is determined to establish four special economic zones (SEZs) in all provinces which was ignored in past regimes.
She urged the trade bodies especially based in Balochistan to come up with a three-year roadmap for industrialisation and export sector strategy before Ministry of Planning Commission and Commerce division; only bashing were not a solution.
Fehmida Jamali said China is progressing by adopting long-term strategies. now must focusing towards adopting the same approach,” he added and said South Asian competitors including India and Bangladesh moved ahead of Pakistan through same approach.
However she urging business community to consider the payment of taxes as their national obligation, he said the government was firm to uplift the masses and check poverty through wealth creation, tax collection and industrialisation which is vital for us.
We all know US$19 billion of current account deficit was the biggest challenge at the time of the incumbent government came in power however the efforts of economic team in stabilisation of economy is still required more initiatives i.e strengthening PKR currency which is currently a huge markup on our debts in the shape of depreciation.
The PTI Central Vice President also added this is the moment for the country to re-negotiate our social contract; to spend more on healthcare, social safety nets for the poor and linking Covid-19 bailout money for businesses to enter the tax net; as federal government was striving to strengthen the country’s economy in its best possible manner.
