Economic growth being driven by business community: Arif Alvi

President Arif Alvi Friday said that the business community was behind driving the economic growth of the country and that the government was making efforts to encourage growth of businesses.

The president said this while addressing the 4th Islamabad Chamber of Commerce and Industry (ICCI) Business Excellence Awards Ceremony 2021. At the ceremony, Alvi urged the business community to mentor and encourage women for their empowerment.

Moreover, he mentioned that Pakistan had great potential and should use opportunities to promote tourism. He further encouraged the business community to promote exports of halal meat and IT products.

During his address, Alvi said, “Once Afghanistan reaches a state of stability and peace, ample business arenas will open for Pakistan and the opportunities will prove to be beneficial for the business community.”

He ended his address by stating that Pakistan was on its way to emerge as a great nation due to the policies implemented by the current government in favour of the business community.

On this occasion, ICCI President Sardar Yasir Ilyas Khan also appreciated the government’s efforts to promote economic growth. He said that by decreasing the import duties on tourism, the government has helped the tourism sector to reach its potential of generating  $30-40 billion revenue. 

However, he said that the government should likewise reduce import duties on industrial technology and machinery so that the industries in Pakistan can be upgraded according to international standards.

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

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