Business Community

Steps taken for economic reform are insufficient. Govt inadequate response weakening economy and rupee. Tax system should be made balanced.

Business Community 24/06/2022

(June 17, 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 steps taken for reforming the economy are insufficient. The recent...

Rupee depreciated by 32% in one year. Political stability, tough decisions needed to arrest rupee decline. Govt not ready to reverse energy subsidies.

Business Community 25/05/2022

(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...

The productive sector is overtaxed. Additional taxes will cripple the industrial sector. Govt should target non-productive sector for revenue.

Business Community 21/08/2022

(August 19, 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 imposing a five percent tax on the productive sector will cripple it. Many...

The Government must swallow the bitter pill of oil price hike. Cheap petroleum products bankrupt the country. Unnecessary imports should be stopped.

Business Community 22/04/2022

(April 20, 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 the government will have to swallow the bitter pill of...

Poor agriculture resulting in economic depression. Agri commodities worth $17 billion dollars imported last year. Wheat production didn’t increase in eight years.

Business Community 21/08/2022

(August 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 the poor state of the country's most important sector resulting in the...

Flood damage ten times more than IMF loan. The IMF is not willing to make any concessions despite the disaster. Abolition of FAC up to 300 units is welcome.

Business Community 04/09/2022

(Sept 02, 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 flood damage is ten times more than the IMF...

Relief package to save people from inflation shock was welcomed. Industrial development is the best option to increase the income of people. Elite saves billions in taxes, burden is...

Business Community 06/06/2022

(May 30, 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 welcomed the relief package worth Rs28 billion to save people from...

Indian wheat is the cheapest option to offset the food crisis in Pakistan. Politics on food security will result in dire consequences. India becoming agri superpower, Pakistan importing food.

Business Community 30/03/2022

(March 28, 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 wheat import is the cheapest option for Pakistan to tackle...

Inflation is sad but better than bankruptcy. There is a limit to the coop of friendly countries. Reforms only option to end borrowing.

Business Community 17/07/2022

(July 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 rising inflation is resulting in severe hardship for the people. Still, it...

Pakistan is facing a serious food security threat. Food importing countries will be badly affected. War, climate change, expensive inputs damaging crops.

Business Community 02/07/2022

(June 29, 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 the whole world including Pakistan is facing a serious food...

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It is very important to improve the investment climate. Foreign investors will not have...

Uncategorized 11/05/2024