The President of Pakistan, Mr Arif Alvi, has met a high-profile delegation of FPCCI and friends at the presidency and listened to their longstanding concerns on the country’s economic policies.
Mian Nasser Hyatt Maggo, President FPCCI, thanked President Alvi for the warm welcome and diligently listening to business and economic issues; and their proposed solutions from FPCCI. He emphasized that FPCCI is the apex representative body of Pakistan’s business, industry, and trade communities. It should have a due say in consultative processes to make various economic policies.
Mian Nasser Hyatt Maggo maintained that the federal budget should incorporate recommendations from the business community and simplify the tax system through swift and effective reforms’ process. He said that simplification of tax rates and streamlining of tax filing process would increase the number of active taxpayers and significantly increase FBR revenues.
Mian Nasser Hyatt Maggo raised the issue of sustainability and employment losses in the restaurant industry. He suggested that – ensuring compliance to SOPs – restaurants should be allowed to resume dine-in services.
He also discussed issues about the pharmaceutical industry and their needs regarding access to finance and importation of hi-tech equipment, specifically during the long-drawn-out period of the corona pandemic.
Mian Nasser Hyatt Maggo also expressed his concern that the retail sector has not received government support during the pandemic to prevent the job losses as it has received from governments worldwide.
Mian Nasser Hyatt Maggo explained that ease of doing business and cost of doing business in Pakistan faces chronic issues and can be swiftly resolved. Companies can be facilitated if there is a will in concerned quarters. He offered FPCCI’s full support in policymaking and economic reforms.
The delegation also offered Fateha for the nephew of the president, who had passed away a day earlier due to complications from the corona.
The high-profile delegation of FPCCI and friends was led by Mian Nasser Hyatt Maggo, President FPCCI; along with Mian Anjum Nisar, Immediate Past President of FPCCI, Khawaja Shahzeb Akram, Senior Vice President FPCCI, Hanif Lakhany, Athar Sultan Chawla, and Chaudhry Saleem Bhullar, VPs of FPCCI, Senator Haji Ghulam Ali, Former President FPCCI, Mirza Abdul Rehman, Sheikh Sultan Rehman, and Mohammad Ali Mian, Coordinators of FPCCI, Khurram Tariq Sayeed and Sheikh Aslam, former VPs FPCCI and Chaudhry Waheed. Wide-ranging national issues, including Federal Budget, Industrialization, Renewable Energy, Hospitality Industry, Agriculture, and Documentation of the Economic, were discussed.
A delegation of FPCCI led by Mian Nasser Hyatt Maggo, President FPCCI, called on Hon. Arif Alvi, the President Islamic Republic of Pakistan at Aiwan-e-Sadar Islamabad along with Mian Anjum Nisar, Immediate Past President FPCCI, Khawaja Shahzeb Akram, Senior Vice President FPCCI, Hanif Lakhany, Athar Sultan Chawla, Chaudhry Saleem Bhullar VP’s FPCCI, Senator Haji Ghulam Ali, Former President FPCCI, Mirza Abdul Rehman, Sheikh Sultan Rehman, Mohammad Ali Mian, Coordinators FPCCI, Khurram Tariq Sayeed, Sheikh Aslam former VP’s FPCCI and Chaudhry Waheed are also seen in the picture