FPCCI urges govt to cut short Eid holidays to three

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Karachi

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday demanded the government to cut short Eid holidays to three from five in order to avoid business and economic losses.

The apex trade body expressed displeasure over yet another set of SOPs and public holidays on account of Eid-Ul-Fitr announced by the National Command and Operation Centre (NCOC) without consulting the business, industrial, and trade community of Pakistan.

President FPCCI Mian Nasser Hyatt Maggo demanded that industries and markets should only be closed for 3 days on account of Eid-Ul-Fitr; otherwise, there will be irreversible loss to already struggling businesses and huge shortfall in tax collection will further decelerate the economic activity.

Mian Nasser Hyatt Maggo maintained that ports, customs, and required banking services for them should not even be closed for 3 days during Eid-Ul-Fitr.—TLTP

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