The Korangi Association of Trade and Industry (KATI) has pledged unwavering support to the Federal Minister for Industry and Commerce, Dr. Gohar Ejaz, in his bold endeavor to propel the export revenue to an impressive $100 billion. President Faraz-ur-Rehman, Patron-in-Chief SM Tanveer, and Deputy Patron-in-Chief Zubair Chhaya expressed their appreciation for the minister’s commitment and heralded the inclusion of first-time stakeholders in advisory committees.
Breaking away from tradition, where policies were typically imposed without stakeholder consultation, KATI leaders lauded Dr. Gohar Ejaz for recognizing the crucial role of industry players in policy formulation. President Faraz-ur-Rehman assured full cooperation, emphasizing that KATI and the Pakistan Business Group (PBGO) would actively contribute suggestions to the government, marking a historic collaboration between the government and the business community.
Recognizing Dr. Gohar Ejaz’s unique position as an experienced businessman turned minister, KATI leaders expressed confidence that this approach would steer Pakistan’s economy in the right direction. Faraz-ur-Rehman highlighted the unprecedented inclusion of the business community in advisory committees, signaling a positive shift towards inclusive policymaking.
Acknowledging the efforts of caretaker ministers and the Army Chief, President KATI reflected on the recent economic turnaround. From a severe crisis with a soaring dollar, a sluggish stock market, and rampant illegal activities, the nation has witnessed a remarkable transformation. The economic growth rate, once in the negative, is now expected to surge by more than 2 percent, showcasing the tangible impact of recent initiatives.
Looking ahead, Faraz-ur-Rehman expressed optimism that if the current policy trajectory is maintained, Pakistan’s economy could soon experience double-digit growth, realizing Dr. Gohar Ejaz’s ambitious vision of achieving a $100 billion export vision. The business community stands united in its support for this transformative journey, anticipating a brighter economic future for the nation..transformative journey, anticipating a brighter economic future for the nation.