A delegation of prominent bankers of the country called on Prime Minister Imran Khan in Islamabad on Tuesday.
Adviser to PM on Finance Dr Abdul Hafeez Shaikh, Adviser to PM on Institutional Reforms Dr Ishrat Hussain, State Bank of Pakistan Governor Syed Reza Baqir and other senior government officials were present during the meeting.
The bankers apprised the prime minister about the issues concerning the banking sector in terms of financing to accelerate economic activities aimed at wealth creation. They also presented various suggestions to overcome issues being encountered.
Prime Minister Imran Khan welcomed the proposals of the banking community, particularly those related to the revival of the sick industrial units.
He stated that the government was working relentlessly for economic growth and sustained positive sentiments, booth domestically as well as externally.
He also highlighted the human resource potential of the country. “With enterprising youth in majority, we need to channelize their energies through skill development, thereby enabling them to contribute towards economic development.”
The PM said that the present government was focused on reviving sick industrial units and promoting the SMEs, as they were essential for wealth creation and generation of employment opportunities. The PM appreciated the proposals of the delegation and assured maximum facilitation.
The meeting was informed that Corporate Restructuring Company has been established to take over sick industrial units for the purpose of reviving the commercially or financially distressed companies, thereby making them profitable in consultation with all the stakeholders.
