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Budget

Budget

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    Budget deficit jumping to unsustainable levels. Gap between income and expenditure should be reduced. Interest rates cut, relief to SME and export sector needed.

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    (August 30, 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 economic activities are stagnant, industrial...
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    Environmental degradation a threat to lives, economy. We don’t have the luxury to avoid environmental problems. Federal and Provincial Governments should enhanced Funding for Environment in upcoming Budgets.

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    (June 05, 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 environmental degradation is an important issue which cannot be ignored anymore. Federal and...
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    All regional economies performing except for Pakistan. Inequality increasing in the country with rapid pace. Allocation of Rs 6 billion to USC lauded.

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    (11  November, 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 growth rate of all regional...
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    Making budget amid crisis will be a challenge. Budget should not focus on enhancing revenue but growth. Cost of documentation, indirect taxation should be reduced.

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    (May 15, 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 budget-making process amid crisis will be a challenge for the government. The...
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    Steps demanded to avoid complete economic meltdown. Interest rates, sales tax and FBR target should be reduced. Benefit of receded oil prices should be passed on to masses.

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    (April 27, 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 Monday demanded meaningful steps to escape complete economic meltdown. Government should avoid half-hearted measures...
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    A country on the brink shouldn’t violate an agreement with the IMF. Budget ambiguities and contradictions should be rectified. Delay in budget adjustments dangerous.

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    (June 15, 2022) 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 it does not benefit the country with a sinking economy to...
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    Fertilizer black marketing upsets wheat production target. Profiteers should not be given a chance by delaying wheat imports. IMF anger a major obstacle in the budget-making.

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    (April 01, 2022) 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 said the wheat production target has failed due to an unprecedented increase...
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    Upcoming Budget- Economic direction should be determined. Priority should be given to agricultural and industrial development Linking targeted subsidies to inflation suggested. Country will remain weak sans agri income...

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    (June 03, 2022) 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 said the economy should be given a clear direction in the...
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    Rupee depreciated by 32% in one year. Political stability, tough decisions needed to arrest rupee decline. Govt not ready to reverse energy subsidies.

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    (May 23, 2022) 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 without political stability and tough decisions it is impossible to stop the...
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    Economic decline accelerating. One percent growth rate would be an achievement. Energy saving decision may not be executed.

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    (December 23-2022) 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 said the speed of economic decline is increasing. Global rating agency S&P has downgraded Pakistan's...
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