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18th amendment

18th amendment

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    Industry’s difficulties compounded by high production costs. Measures to reduce production costs in next budget demanded. Many important industries are on the verge.

    Afghan Transit Trade Agreement
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    (May 24-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the production cost of the industrial sector should be significantly reduced...
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    Dr. Shamshad Akhtar will encounter difficulties in obtaining loans, lowering interest rates, and controlling inflation, Dr. Gohar Ijaz must lower business costs while boosting investment and exports. SAPM Dr....

    business costs
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    (August-19-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday welcomed the caretaker federal cabinet and said that the cabinet consists of reputed...
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    Wise choice to appoint Dar as foreign minister. Dar is very responsible, will start economic diplomacy. He will prioritize relations with all nations including India.

    America
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    (March-13-2024) 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 the appointment of Ishaq Dar as Foreign Minister by Prime Minister...
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    Shrinking global GDP will compound Pakistan’s problems. Special attention be given to inflation, rupee and rising debt. Direction of economy should be corrected.

    Bangladesh
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    (Jan-08-2024) 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 some economic sectors will be hit as the world GDP declines. Policymakers...
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    Interest rate retention is underwhelming. Transferring benefit of sliding oil to people demanded. Inflation greater compared to SBP and IMF estimates.

    authorities
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    (November-01-2023) 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 under the current economic conditions, there was scope for reducing the...
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    Economy was destroyed by the bad decisions. Direction of the economy was deliberately kept wrong. Economic matters should be in capable hands.

    burden of power theft
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    (February-16-2024) 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 wrong decisions of economic managers have never allowed financial stability...
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    IT exports likely to be three and a half billion dollars. Annual IT exports can reach $25 billion with right effort. SBP interventions, rupee stability have been important.

    banking problems
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    (March-29-2024) 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 IT exports can increase by one billion dollars as compared to the...
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    Hike in fuel prices was inevitable. All exports will stop if shipping lines were not paid. Country should be shifted to solar energy in six months.

    amount of subsidy
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    (January 30-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said a hike of Rs35 per liter in the price of petrol...
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    Country’s economy is greatly damaged by tax evaders. Influential evading taxes, destroying the economy. Policies are made to benefit powerful.

    bankruptcy
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    (August-02-2023) 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 there is a perfect alliance between tax defaulters and tax evaders,...
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    Dollar decline has reduced the cost of imports. Importers keep the public away from relief for profits. The price control system is flimsy.

    advantages of reduced costs
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    (April-02-2024) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Tuesday that the decrease in the dollar's value has reduced the cost of imported...
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