PIAF & LTIA decide to jointly deal economic challenge

Lahore: Pakistan Industrial & Traders Associations Front (PIAF) and Lahore Township Industries Association (LTIA) have decided to make joint efforts to deal with the economic challenge.

The decision was made in a meeting presided over by the Chairman PIAF Malik Tahir Javed here Wednesday. Chairman LTIA Chaudhry Zaheer Bhutta and a large number of businessmen were present on the occasion.

Speaking on the occasion, Chairman PIAF Malik Tahir Javed said the country was passing through a critical time of history because of energy crisis, law and order situation and various internal and external challenges.

Malik Tahir Javed said that anarchy like situation and recent sad incident has aired a negative signal to the foreign investors.

He said that the situation demands that all segments of society including businessmen and politicians, should express harmony to cope with the challenges being faced by the country.

He urged the leaders of political parties to solve all the issues through table talks that would give a clear message to the international community that Pakistan is a democratic country in true sense of word.

Chairman PIAF said that Pakistani business community wants to play its due role in economic development of the country but various challenges were coming in the way. He said that government should take measures on war footing to create a business friendly atmosphere to excel the economic activities.

He also urged the Federal Finance Minister Ishaq Dar to bring sales tax to 5% as intimated in the Federal Budget 2014-15.

He said that while keeping in view the ongoing energy crisis, government has to complete Pak-Iran Gas Pipeline Project on war footing to meeting with the rising energy demand.

Chairman Lahore Township Industries Association (LTIA) Chaudhry Zaheer Bhutta said that business community was united in the larger interest of the country, politicians should also follow the suite and keep away their differences on the national issues.

The post PIAF & LTIA decide to jointly deal economic challenge appeared first on Pakistan Press International.

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