Monday, October 26, 2026
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Monday, October 26, 2026

Stock market boom pointing toward economic stability

Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. ShahidRasheed Butt has said that the boom in the stock market is a good sign of the stability of the economy.

In a statement issued here on Sunday, he said that tax, energy, and agricultural sectors should be prioritized to increase the speed of economic stability.

He said that incentives, government expenditure, and tax on the industrial sector should be reduced.

ShahidRasheed Butt said that in contrast, taxes on agricultural income and the wholesale, retail, and real estate sectors should be increased to improve the economy.—INP

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