KARACHI (9 News) – Prime Minister Imran Khan has assured the business community of removing all fears and reservations.
Talking to traders at Governor’s House on Wednesday, he said that country’s economy cannot be run under the old way. He sought the help of the business community to expedite the economic process and eliminate poverty.
The prime minister said that the basic aim of his visit to Karachi was to address the problems faced by the business community. “For this purpose, my entire economic team is also accompanying me.”
He said the business community should work as a partner with the government.
The delegation presented before the Prime Minister various proposals pertaining to reforms in tax system, enhancement in revenue, checking inflation and smuggling, ease of doing business, promotion of investment and generation of job opportunities.
Sindh Governor Imran Ismail, Minister for Maritime Affairs Ali Zaidi, Minister for Water Resources Faisal Vawda, Minister for Revenue Hammad Azhar, Adviser on Commerce Razak Dawood and Adviser on Finance Dr Abdul Hafeez Sheikh, Adviser on Institutional Reforms Dr Ishrat Hussain, Chairman FBR Shabbar Zaidi, Chairman Board of Investment Syed Zubair Haider Gilani and Governor State Bank of Pakistan Reza Baqir were also present on the occasion.
Money laundering responsible for trade deficit in country: PM
Earlier on July 1, Prime Minister Imran Khan had said that money laundering is responsible for the trade deficit in the country.
In an interview with a private TV channel on Monday, he said that the government had received the biggest deficit of the history.
“We paid off US$10 billion as mark-up on foreign debts. The country would have gone bankrupt had the friendly countries not helped Pakistan,” he maintained.
He said that Nawaz Sharif’s sons sent messages to two countries for sending him abroad. “But both countries know me very well and they will not make recommendation.”
Criticizing former president Asif Zardari and former prime minister Nawaz Sharif, the former government had spent US$7 billion to stabilize the dollar.
The prime minister said that the government was holding those accountable who had left the country pauper. “The country’s economic condition improves through exports,” he added.
Imran Khan said that he had presided over a meeting today to control the smuggling of dollar. “I have no property abroad. No deal was done to increase the price of the dollar. The economy is heading towards a right direction. Improvement will be visible after July 3. We will collect Rs5,000 billion through tax collection and reforms in the FBR,” he said.