‘Promotion of entrepreneurship among govt’s top priorities’

  • PM’s aide urges youth to adopt a long-term strategy to be successful in their respective fields instead of looking for overnight successes

LAHORE:

Advisor to the Prime Minister on Commerce Abdul Razak Dawood said on Saturday that promotion of entrepreneurship in the country was among the top priorities of the government.

He was addressing an event titled ‘Applied Entrepreneurship – Think & Grow International Conference’ organised by the Pakistan Industrial Technical Assistance Centre (PITAC).

Dawood said that Prime Minister Imran Khan was keen to encourage the culture of entrepreneurship, adding that appropriate steps were being taken in this regard.

He said the country needed more entrepreneurs in order to enhance business activities. Giving an example, he said China and the United States became great nations due to massive contributions from the entrepreneurs.

The PM’s advisor emphasised that young entrepreneurs should adopt a long-term strategy to be successful in their respective fields instead of looking for overnight success.

“An entrepreneur should have a proper vision as only that could guarantee success. One should not lose hope and be optimistic as failures also provide opportunities to rise,” he maintained.

He congratulated the PITAC for organising the successful event.

PITAC Director General Muhammad Irfan Zaheer, Advisor Dr Hussnain Javed and Senator Waleed Iqbal also spoke on the occasion.

Later, talking to the media, Dawood said that the country’s economy was moving towards the right direction, however, more efforts were needed for further improvement.

“The depreciation of the rupee leads to a rise in inflation. The people will have to put up with inflation for some time,” he stated.

Dawood said the country’s trade deficit is also seeing a decline because of the government’s efforts.

The advisor didn’t answer a question about the import of the donkeys from China, saying it would become an issue if he replied to the question.

Must Read

SECP rejoins IOPS as governing member to boost pension sector reforms

Pakistan’s securities regulator aims to align pension governance with global standards for sustainable retirement solutions