ISLAMABAD: PPP Information Secretary Qamar Zaman Kaira said on Thursday that much capacity improvements in economic system of the country is required and correct decisions are to be taken by the management.
Talking to a private news channel, he said that the government have offered dialogue process at various phases to discuss economic issues with the experts and forwarded recommendations to establish autonomous economic boards for this purpose.
"Our drilling process is running fast. ISECO, GASCO, FESCO PEPCO etc. are working despite low revenue collection mainly due to prolong terrorism issue in the country", he said.
Replying to a question he said our cost of business is increasing due to the increase in interest rates on world oil, power and gas at the international level.
He added the non developmental expenditures could not be cut down as the economic advisory Boards preferred to impose subsidy on different items in order to accommodate the economic matters.
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