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    8 percent hike in USD caused foreign debts increased by Rs. 902 billion. PKR will face more devaluation given to availing IMF bailout package. Centre specific companies are vital...

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    (10 October, 2018) President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said that worsen economic situation, huge current account deficits, declining...
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    PM’s relief package laudable but allocation insufficient. IMF’s demand for revenue leaves Govt with few options. A possible hike in ST, energy tariff terrifies business community.

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    (February 14, 2020) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday lauded the relief package for poor...
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    PBIF says circular debt becomes a national security concern. Avoiding immediate reforms to bankrupt ailing power sector. Why policy of former regime is still intact.

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    (Sept 25, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said circular debt has swelled to Rs2.1 trillion becoming a serious national security issue. Circular debt is increasing...
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    Current situation can bankrupt over 100 countries. Many countries using whole income to service debt. Debt cancellation will not resolve the crisis.

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    (May 01, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the ongoing situation can result in the bankruptcy of over one hundred...
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    Exports the only way to strengthen rupee, reserves. Pakistan going through a serious economic crisis. Moody’s move detrimental for economy.

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    (May 22, 2020) FPCCI’s Businessmen Panel SVP, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said increasing exports is the best way to strengthen local currency, shore up...
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    Moody’s determined Pakistan’s external debt repayment as challenging. Completion of CPEC projects will drive Country towards economic sustainability. Business Community welcomes FM Asad Umar’s statement regarding EoDB.

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    (January 14, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said that Moody’s in its recent...
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    Rs14.7 trillion borrowed in last two years. Power package Lauded, Rs700 billion refunds should be released to trigger growth. Reintroduction of zero-rating to lift exports.

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    (November 06, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said government borrowed Rs14.7 trillion in last two years. Foreign debt...
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    Pak-US relations may not hit issuance of bonds.

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    (August 25, 2017) President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Secretary General of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Friday said sour relations between Pakistan and American may not hit the...
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    Last one year added to disappointment of masses, businessmen. All claims and steps to ensure development remained unsuccessful. Stagnant exports have damaged crumbling economy.

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    (September 13, 2019) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Friday said last one year remained troubled...
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    Businessmen concerned over revenue shortfall, increased borrowing. Import compression has damaged the economy beyond expectations. Import liberalization to promote economic activities.

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    (February 03, 2020) President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said business community is concerned over...
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