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Monday, May 20, 2024
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    Dysfunctional power sector wrecking country’s economy. Weaknesses, high power tariffs hindering domestic and foreign investment. Control over currency market is devaluing the dollar.

    bankrupt
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    (September-08-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the sluggish power sector is ruining the country's economy. Local and foreign...
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    Pakistan’s tax system is extremely unfair, causing poverty. Economic stability is impossible without increasing the tax base. An undocumented economy can bankrupt the country.

    budget
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    (September-25-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that Pakistan's tax system is very unfair and contradicts the ground realities,...
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    Rising inflation is giving birth to human tragedy. People face petrol bombs frequently; government is helpless. Solution demanded to depleting human resources.

    current economic situation
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    (September-18-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that a great human tragedy is being born across the country due...
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    Importance of the charter of economy underlined amid a falling economy. Army leadership has to play a role, political parties must come on the same page. Political stability will...

    agenda
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    (September-04-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that most of the finance ministers have tried to prove themselves as...
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    Reports of another interest rate hike are concerning. Companies unable to withstand the cost of rising interest rates. Global trade deals finalising in the region; we remain spectators.

    Arab countries
    0
    (September-13-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that reports of a further increase in interest rates by State Bank...
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    Pakistan facing serious economic, political and environmental crises. Negotiations should be started to take a new loan from the IMF. Exports and remittances decreasing; business costs should be reduced.

    bankrupt
    0
    (September-15-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the country is facing serious economic, political, and environmental crises. Authorities are...
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    Failed SOEs should be privatized to reduce government expenditure. Public has reduced all possible expenses, no room for further cuts. Pharma black market can thrive in country.

    border areas
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    (September-22-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that failed State-Owned Enterprises (SOEs) should be sold without delay to reduce...
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    Nawaz Sharif will bring equilibrium to the political climate. He will positively impact political and economic situation. His speech is evidence of his insight.

    armed forces
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    (October-23-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the business community is pinning high hopes on the return of...
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    General Asim Munir’s interest in economic matters is encouraging. Assurance of COAS has boosted investors’ confidence. Investment without reforms would be a mistake.

    annual expenditure
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    (September-07-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Thursday that Chief of Army Staff General Asim Munir's interest in economic matters...
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    Inflation is widening the gap between rich and poor. People suffering from inflation, economic and social problems are increasing. An unreliable power system is a major threat to investment.

    country's population
    0
    (September-11-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that inflation is widening the gulf between the rich and the poor. The...
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