SAARC CCI seeks budget proposals from business community


SAARC Chamber of Commerce and Industry on Tuesday sought proposals for the forthcoming budget from chambers and trade bodies for timely submission to the government for fully ensuring growth-oriented and business-friendly package to boost the economic activities during corona pandemic.

In a statement issued here President SAARC CCI and Chairman United Business Group (UBG) Iftikhar Ali Malik said Pakistan was passing through great ordeal due to corona virus pandemic and at this uncertain time, business community should come forward with a clear vision to steer out of the quagmire of impending economic crisis and in this regard, they should tailor proposals which help the government to revive the economy.

The private sector wants to supplement the government’s efforts, aimed at economic revival of the country, he said, adding that joint proposals would help make budget proposals business-friendly, which would ultimately result in a robust export-led growth.
He said they would demand duty on primary raw materials, secondary raw materials, intermediate goods, semi-finished goods and finished goods should be levied on the basis of cascading duty structure.

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