Lahore: To end the logjam in economic progress
State Minister of Finance Rana Afzal Khan have to put in his best efforts to put economy back on the track .
While congratulating Rana Afzal Khan for his elevation as State Minister for Finance, the LCCI President Malik Tahir Javaid has called for immediate measures to improve the economic signals and socio-economic structure of the country. To tackle the economic threats like unimpressive exports, rising imports, huge trade deficit, rupee devaluation and mammoth debts the new finance minister has to go for extra mileage.
“Business Community don’t want to critics, we want economic progress and prosperity of the country and for this purpose, just right directions are needed to be set in consultation with the stakeholders”, the LCCI Chief said.
While giving some proposals to the MOF, LCCI President said that consultation in policy making will bring economy out of mire therefore stakeholders must be taken on board on economic matters. He said that private sector should be facilitated and plan should be evolved to improve declining exports.
He said that next two decades, over 28 million new jobs will be required. This target can easily be achieved by promoting power, mining, manufacturing, transportation and service industries. He said that in agriculture the focus should be on value addition chain that is expected to become more attractive for new jobs based in processed and semi processed agro-based industries such as juices, ready to use meet, dairy and poultry items.
