The Association have concerned over the deteriorating economic conditions also demand to take correct measures.

Munawar Iqbal, the Central President of PCA said that the government have to come forward with a comprehensive action plan.

In this connection, steps need to be identified the key issues regarding businesses, trade as well as overall economy with manners.

Munawar Iqbal said that low economic growth, food inflation, high production cost and shortage of energy, rising unemployment, are the current economic issues.

Moreover, low foreign and domestic investments should be a matter of concern and hence, appropriate steps to resolve hurdles, he said.

He said that under present economic scenario, more rise in petroleum prices would lead to unbearable inflation and price hike.

Copyright PPI (Pakistan Press International), 2011 *