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Sunday September 29, 2024

‘Govt determined to make Pakistan top destination for business’

By Our Correspondent
September 29, 2024
Federal Minister of Commerce Jam Kamal Khan speaking to the participants at the 40th anniversary celebration of ICCIs in Islamabad on September 28, 2024. — PID
Federal Minister of Commerce Jam Kamal Khan speaking to the participants at the 40th anniversary celebration of ICCI's in Islamabad on September 28, 2024. — PID

Islamabad : The Government is working on increasing Ease of Doing Business in Pakistan to make it an attractive destination for foreign investment. In this regard, projects like Pakistan Single Window have been undertaken to provide one node solution to potential investors rather than hopping between various government departments for different permits. The government remains fully committed to supporting businesses and fostering an environment that enables them to thrive, says a press release.

This has been stated by Federal Minister for Commerce Jam Kamal Khan while addressing 40 years anniversary celebration of Islamabad Chamber of Commerce and Industry (ICCI) as chief guest.

The minister said that prudent and effective policies of the Government have brought down inflation. Stable and increased foreign reserves have brought down interest rate.

Moreover the, Government has been working relentlessly on bringing down power tariffs for the industry in general and exporters in particular.

He added that the Prime Minister Shahbaz Sharif himself is paying utmost attention on the resolution of the business community’ s problems and that a high profile board is already working under his (Prime Minister) chair for the purpose.

In his welcome address Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce and Industry, highlighted the major milestones of ICCI achieved during his tenure. He said that he and his entire team tirelessly worked to resolve the problems being faced by the community and to provide it a congenial atmosphere for ease of doing businesses.