STAFF REPORTER
ISLAMABAD The Prime Minister’s relief package is a welcome move but there is a lot of room for improvement in it which will improve lives of people, a business leader said. Payment of Rs3000 per month to labourers is a good decision but the country lacks such a mechanism therefore part of it should be earmarked to waive utility bills, said Shahid Rasheed Butt former President ICCI. He said that paying cash grant would raise questions about transparency while bureaucratic inertia will also be a problem which must be streamlined. Shahid Rasheed Butt said that reduction in petroleum prices is insufficient while keeping power and gas prices intact is shocking. He said that interest rates should be brought down to four percent; sales tax should be reduced to single-digit while sales tax on food items and medicines should be waived to provide relief to masses.
