PBIF chief for transparent implementation of Karachi package

KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has noted that many packages were announced for Karachi in the past but none could be implemented therefore the government should ensure transparent implementation of the recently-announced package without any delay.

Lauding the interest of Prime Minister Imran Khan and COAS Qamar Javed Bajwa in improving the Karachi situation by investing billions in infrastructure, he said both visited Karachi, held meetings with politicians, businessmen and other stakeholders and the government has announced Rs 1100 billion package which has made everyone hopeful.

He said that the efforts of PM and COAS will transform Karachi into a developed city which will also expand GDP, boost production, employment and revenue to reduce poverty.

Karachi is contributing Rs 2600 billion as taxes which can be boosted to Rs 4000 billion by providing enabling environment but its infrastructure has destroyed which will be improved after this package, he added.

Copyright Business Recorder, 2020