PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) president Fazal Moqeem Khan on Saturday said that economic stability cannot come amid government’ anti-business actions.
He, however, said the government needs to achieve tax targets and enhance revenue, which could only be met through collecting various taxes by the business community.
The SCCI chief said that the government should take collective initiatives and resolve all issues by making proper consultation and mutual consensus to continue business and trade flourish and protect the interest of the business community as well.
He said that yesterday, an action was taken against Habibi Restaurant, calling it an attempt to discourage investors and the business community and urged them to avoid taking such steps that would damage business and economic activities.
He stressed it was a need of the hour to understand the current economic conditions and prevailing circumstances.
He said that under the collective approach, government duty was to inform private stakeholders and the business community should be taken into confidence through positive collaboration.
He maintained that instead of taking harsh measures, strict implementation, closure of business and economic activities, provide a relocation chance to the business community.
He added that the chamber, business community and stakeholders should be consulted before taking any such initiatives to prevent from creating any gulf between government, institutions and business community so that they should continue to play a role in economic development through paying various taxes.
