Observer Report
Karachi
The Federation of Chambers of Commerce and Industry, appreciating the government commitment to follow macroeconomic fundamentals through effective policy-making and targeted reforms, has called for taking the real stakeholders onboard for an ultimate object of sustainable and inclusive growth trajectory.
FPCCI President Mian Anjum Nisar stressed the need for designing policies in consultation with real stakeholders to address economic challenges like inflation, stagnant exports and resource mobilization.
He said major economic indicators are showing positive growth which manifested the fact that the government has put the economy in the right direction, saying the policymaking in consultation with the private sector will overcome the economic challenges, besides removing hitches to speedy economic recovery.
“The FPCCI has been working with the government to utilize its abilities to review the overall economic situation and coordinate policy actions in an effective manner to achieve the desired targets of key economic indicators.”
Mian Anjum Nisar said there was significant growth in foreign reserves and foreign direct investment with decline in the current account deficit. The large scale manufacturing sector was also showing improvement. The boost in the economic activities would hopefully improve the overall situation in every sector, he added.
