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Traders express hope new govt would restore investor’s trust

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The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed hope that the newly elected government will restore the business community’s confidence.

Chamber President Nadeem Rauf told APP that he was optimistic that the new govt would take all stakeholders and Chambers of the country on board before devising an economic policy.

He urged the govt to include the proposals of the business community in the upcoming fiscal year budget and take immediate steps to control the inflation.

Nadeem demanded a further decrease in the interest rate and urged the govt would decrease the prices of petrol, diesel and food items.He said that govt should devise a long term policy to control the trade deficit and reduce the tax and duty rates for boosting the exports.

Nadeem added that Pakistan needed a quick revival of business and industrial activities to improve the economy’s health.

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