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    Higher interest rates chocking borrowing. Concern expressed over massive fall in borrowing. Banks uneasy over rate of defaults.

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    (Dec 25, 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 Wednesday said the economy is getting better...
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    Deep political, economic crisis dangerous; 100 million facing hunger. Fear of default has made the rupee weaker. Businesses facing problems in getting dollars from banks.

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    (July 22, 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 due to increasing inflation, unemployment, political instability, energy crisis and...
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    Dollar appreciation can bankrupt Pakistan like Sri Lanka. Unrelenting inflation, SBP should not remain a silent spectator. Friendly countries are unwilling to trust or lend.

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    (July 25, 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 constant appreciation of the dollar can bankrupt Pakistan like Sri...
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    Interest rates raised unnecessarily. The economy will shrink, making it difficult for businesses to continue. Govt should try to reduce prices of agri products.

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    (July 08, 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 central bank has unnecessarily increased interest rates which. The decision will increase...
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    Millions affected by rains across Pakistan. Food security concerns increased, inflation setting world record. Low growth rate will further decline.

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    (August 26, 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 millions of people have been affected by the devastating rains. Infrastructure...
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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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