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    Central bank is likely to raise interest rates soon. Market worried over further rate hikes as businesses will suffer. Dependence on banks should be reduced.

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    (April 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 Friday said the possibility of a further increase in interest rates by the central...
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    Mismanagement in energy sector hurting economy LNG imports could not be streamlined in six years Dozens of oil, gas exploration companies have left country:

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    (January 05, 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 that lack of governance in the energy sector is hurting...
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    Low fuel prices in a deteriorating economy are unworkable. Oil subsidy wastes two billion rupees per day, mostly benefitting rich. Govt can keep inflation low through cross-subsidy.

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    (April 27, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Wednesday said Pakistan has the weakest economy in the region but the price...
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    Only an IMF loan can save a country from default. Economy will crumble if imports are not controlled. Oil subsidies equal to defence budget.

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    (May 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 Friday said the deadly combination of political and economic instability is destroying...
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    Political instability breaking the rupee. By-elections added to worries of investors. Nation not being united but divided.

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    (July 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 business community was hoping for political stability after staff-level...
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    Oil and gas prices become a threat to the economy. Share of nuclear energy needs to be increased in the energy mix. Red tape an obstacle to the promotion...

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    (April 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 the prices of imported oil and gas have become a...
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    Pakistan cannot survive with $90 billion imports. All remittances, investment and exports are not equal to imports. Local coal not being used for power generation.

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    (August 12, 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 of a country that spends equal to a...
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    Developed countries have pushed the world into an economic crisis. Most countries are in a race for oil and food, ignoring important issues. Russia oil cut to push oil...

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    (July 04, 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 the whole world has been pushed into an economic crisis by...
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    Decision to keep oil prices unchanged contradicts ground realities. Removal of oil, gas and electricity subsidies is necessary to save the country. Delays in inevitable decisions do not benefit...

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    (May 16, 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 complete elimination of oil, gas and electricity subsidies is necessary to save...
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    OPEC should not create a new crisis by cutting production. Oil exporting countries have already made huge profits. Pak should prepare to import cheap oil, gas from Iran.

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    (August 24, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Wednesday said the decision of oil exporting countries to reduce production may push...
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