Private sector’s role in policy-making to be ensured: LCCI

LAHORE: The private sector is the engine of growth and its role in policy-making will be ensured. The chambers of commerce are drivers of economy, therefore, a due consideration should be accorded to them while evolving business-related policies.

This was the upshot of speeches of the newly-elected office-bearers of the Lahore Chamber of Commerce and Industry (LCCI), who assumed their offices after annual general meeting of the Lahore Chamber on Wednesday. They said the demands of businesses are rapidly changing and ask for concrete steps to overcome the emerging issues along with increase in exports. Research is a vast area and its outcomes should be endorsed and implemented and for this purpose Lahore Chamber, from now on, will work more closely with policy implementation departments for speedy results.

The LCCI newly-elected President Mian Tariq Misbah-ur-Rehman said the biggest issue business community is facing is related to tax and Lahore Chamber will go to any extent to help its members. We will work with the government to resolve the tax issues and help to broaden the tax net.

Newly elected Senior Vice President of LCCI Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry, outgoing President Irfan Iqbal Sheikh, and other office-bearers also spoke on the occasion and briefed about the one-year performance.

Copyright Business Recorder, 2020