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Petroleum

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    Fixed tax for commercial importers demanded. Steel industry, fertilizer distributors and dealers should be supported. Petrol price hike to result in inflation, hit exports.

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    (June 29, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said continued economic downfall since two years and virus has damaged...
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    Pakistan has become a trading economy. A trading economy can never function without hefty borrowing. Benefits to elite outweigh circular debt.

    Petroleum
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    (June 06, 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 our economy is not productive due to continuous neglect of...
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    Another gas price hike to damage masses, economy Prime Minister should reject gas price hike proposal Masses, industry cannot take another gas shock.

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    (May 20, 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 proposed gas price hike will...
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    The Government must swallow the bitter pill of oil price hike. Cheap petroleum products bankrupt the country. Unnecessary imports should be stopped.

    Petroleum
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    (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...
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    Government measures strengthening the rupee. Investors’ confidence is being restored, and the IMF deal will be finalized. Delays in reforms start weakening rupee again.

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    (June 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 Wednesday said markets are responding positively to the government’s decision to increase...
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    Interest rate hiked by 25 bps; impacts will be drawn on investment, industry & CoDB. Inflation reached to 7.2 pc; highest in 4 years.

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    (February 04, 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 that State Bank has increased...
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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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    Elements spreading rumours of financial emergency are enemies of Pakistan. Delay in IMF deal worries investors, weakens rupee against the dollar. Stabilizing rupee difficult unless foreign loan arrives.

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    (June 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 Wednesday said those who spread rumours of financial emergency have caused severe damage to...
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    Hike in oil price unjustified: PBIF PM asked to reverse the unparalleled increase in oil prices Climbing prices hitting masses and businesses.

    Petroleum
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    (May 06, 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 asked the Prime Minister Imran Khan...
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    IMF programme failed to bring stability Shrinking economy endangering economic, social targets Dampening demand for LNG and Diesel a negative indication.

    Petroleum
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    (July 26, 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 contrary to the expectations the IMF’s programme...
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