Hanif Lakhani, former Senior Vice President of the Karachi Chamber of Commerce and Industry (KCCI) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), stated that with the country’s inflation decreasing, the new monetary policy should announce an immediate reduction of 3 to 4 per cent. This would encourage investors and industrialists to pursue new investments and provide employment opportunities to Pakistani disheartened youth leaving the country to search for jobs abroad.
Lakhani noted that while government efforts have stabilized the economy and the stock market continues to rise, long-term economic strength can only be achieved if the industrial sector operates continuously. This will be possible only when electricity, gas, and water supply is consistent and affordable.
Lakhani also urged the government and opposition parties to set aside their differences and work together to strengthen the country’s economic situation, as political conflicts could weaken the national economy.
Lakhani called on the government to take immediate action to ensure the public benefits from economic stability, especially by supporting small and medium-sized businesses and reducing unemployment.