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Prime Minister's announcement hailed: traders urge politicians to solve issues through talks

The business community of South Punjab has welcomed the Prime Minister's announcement for the constitution of a judicial commission to probe alleged poll rigging. They urged all the political forces to resolve their issues through reconciliation, as the country cannot afford political turmoil and said political instability might be harmful to country's economy.

These views were expressed by business community's leaders in their reaction over Prime Minister's address to the nation. Multan Chamber of Commerce and Industry (MCCI) President Khawaja Usman said political leaders should resolve their differences through talks. He said that the prevailing political situation in the country during the past few days has badly affected stock market.

He urged ruling and opposition parties to sit together and find solution to their issues through dialogue for the sake of economic development in the country. Khawaja Usman said the country is heading in the right direction and at this stage political chaos will not be helpful in any way. In his remarks, Khawaja Usman said that the formation of judicial commission to probe election rigging is a good decision. He said that after this announcement by the Prime Minister, the talk for long march and so called revolution should end and everyone should get together to celebrate Independence Day.

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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln