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Business community’s all concerns to be removed on priority basis: Baligh

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Governor Punjab Muhammad Balighur Rehman has assured that all concerns of the business community will be removed on priority basis and they will be provided an encouraging business environment.

This was stated by him while talking to a delegation of All Pakistan Business Forum led by its President Syed Maaz Mahmood which called on him Governor House Lahore on Sunday and discussed with him current economic situation of the country and problems faced by the business community.

The APBF President apprised the Governor Punjab about the issues of the business community and urged for measures for their early resolution.

Balighur Rehman assuring the APBF delegation of resolving their all issues on priority basis said that the incumbent government has steered the country’s economy out of the crisis by making sincere efforts. He said that the country’s economy was showing the signs of stability which bodes well for the development and prosperity of the country.

He said that the strengthening of the country’s economy and promotion of trade and industry were the top priorities of the government.

The Governor that the government was also very much concerned about the trouble faced by the business community and was engaged with the business community on the all trade-related matters through consultation. He appreciated the APBF for its services for the cause of business community. He said that the business community was backbone of the economy and will be facilitated for sustainable economic growth of the country.

Speaking on the occasion, APBF President Syed Maaz Mahmood called for introducing soft policies for SMEs including special financing schemes where they can get credit at low markup rates with no collateral requirement on 1-2% markup rate. Moreover, there should be a holiday for all taxes and levies for five years for the newly registered companies, especially SMEs.

He said that the business community was backbone of the economy and was ready to supplement all efforts of the government aimed at economic revival of the country but the government will have to take the business community on board while formulating the trade and industry related policies.

Office bearers of the APBF expressed their hope that the Governor Punjab will play an active role and will act as a bridge between the business community and the government.

 

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