Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that Pakistan’s improvement in the World Bank’s business reform report was made possible by continuing the policies of the previous government, a private media outlet reported.
Talking to reporters at the Islamic Chamber of Commerce in Karachi, the adviser maintained that the good actions taken by the previous government should be appreciated, including business reforms.
Dawood asserted that water supply was a bigger problem for Sindh industries than gas and electricity. “The Sindh government should not raise water prices for industries,” he added.
The adviser said that Islamic countries should promote bilateral trade, adding that the government was striving to ensure a favourable environment for foreign investors.
Earlier on Wednesday, Prime Minister Imran Khan had said that the country could not be run on the “old pattern” as the incumbent government had inherited the “biggest financial and current account deficits”.
“Half of the tax collection in the first year was spent on debt servicing,” he had said during an interactive session with the Federal Board of Revenue (FBR) officials.