BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
By

KARACHI: President, Federation of Pakistan Chambers of Commerce and Industry, Irfan Iqbal Sheikh, and other office bearers on Tuesday called for immediate settlement of political issues as it has led to economic instability in the country, which may bring very bad effects on the economy.

FPCCI leaders shared their views on the current political situation of the country during a media session, here at the Federation House. Other officer bearers included Senior Vice President Suleman Chawla and Vice Presidents Engr. M.A.Jabbar, Shaukat Ali Suleman Omerson. Also immediate past president Main Naser Hayyat Magoo and FPCCI General Secretary Brig Iftikhar Opel (Retd) were present.

FPCCI President apprehended the country’s economy would have to bear serious damages if the current political situation continued. The trust of investors and foreign buyers had started shattering, and the situation would become worse if the country was not immediately taken out of the political chaos. Other business leaders also were of similar views.

Irfan Iqbal Sheikh, who had taken over as FPCCI President on March 20, 2022, unveiled his plan to bring policy and system reforms in this apex trade body to enhance its role for the promotion of trade and industry, along with welfare of the country’s business community. Restructuring of Research and Development Cell of FPCCI was among the major initiatives as the main objective of apex business forum was to give the best possible input to the Central and Provincial governments to ensure better policies especially relating to trade and industry.

Comments

Comments are closed for this article.