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Traders reject PTI's civil disobedience call: MCCI chief

The business community of South Punjab out rightly rejected the civil disobedience call by Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan and an ultimatum of 48 hours to the government to step down. Reacting to PTI chief's call, MCCI President Khawaja Muhammad Usman said it is an abortive attempt to put the consumers into troubles and they would have to pay extra surcharge on their utility bills besides payment of restoration fee for power and gas connections.

He said it is unpatriotic campaign to ask people 'Don't pay your taxes, gas bills, GST (General Sales Tax), electricity bills to settle the political differences'. Khawaja Usman said Pakistan is already passing through severe economic stress, budgetary deficits, low production and it is in the grip of uncertainty, containerisation, blockading and in limbo during the past ten days. "Neither the Pakistani trade and commerce delegations are going abroad nor are foreign delegations coming to Pakistan due to law-and-order situation."

He said such anti-government campaign would ruin the fragile economy of the country and add miseries to the people's life. He pleaded since the economy is already in bad shape the politicians should solve their differences through dialogue keeping in view the best interest of the people and their electorates. MCCI President was optimistic that patriotic people would continue to abide by the law and fulfil their national obligations.

Copyright Business Recorder, 2014


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln