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ISLAMABAD, (MANEND NEWS): President Dr. Arif Alvi has said that
steps are being taken to improve the business environment of the
country by providing various incentives and facilities to the business
community. He added that the economy of the country was heading in
right direction that reflected the confidence of the business community
in the economic policies of the Government.
President Dr. Arif Alvi expressed these views while talking to a
delegation of the Haripur Chamber of Commerce and Industry (HCCI),
led by President HCCI, Shahbaz Majeed Sheikh, that called on him, at
Aiwan-e-Sadr on Wednesday.
President HCCI, Shahbaz Majeed Sheikh, apprised President Dr. Arif
Alvi about the role being played by the chamber in the economic
development of the country. The delegation also briefed the President
about certain problems being faced by HCCI. Talking to the delegation,
the President said that the business community played a significant
role in the economic development of the country and a number of
steps had been taken to facilitate them, particularly during the COVID-
19 pandemic. He added that the Government, despite tough financial
constraints, had provided a financial stimulus package worth Rs. 1.2
trillion to protect the business community and underprivileged strata of
society from the adverse impacts of the pandemic.
The President highlighted that the country’s exports had also
witnessed a significant surge which had reached $25.3 billion during
the last fiscal year. He expressed satisfaction over the economic
performance of the country, saying that the collection of Rs. 850 billion
by FBR, exceeding the target by Rs. 160 billion, during the first two
months of the current fiscal year was a testament that the economic
health of the country was improving. He said that the Government was
focusing on creating optimum business environment and due to its
efforts, Pakistan’s rank in the Ease of Doing Business Index had
improved from 136th to 108th position.
President Dr. Arif Alvi also appreciated the role of HCCI and the
business community in the national development and assured them of
all possible support to help address their problems.