Agreement with IMF to end uncertainty


KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the long-delayed agreement with IMF may help calm the markets.

After the agreement the local and foreign investors will be able to take decisions as uncertainty spanned over ten months has subsided, he said.

Talking to the business community, Mian Zahid Hussain said that the country is also facing challenge of facing the FATF which has grey listed Pakistan and hoped that the new economic team would tackle it successfully.

The veteran business leader said that after the IMF deal, the international institutions will feel comfortable to deal with Pakistan, therefore, the government should keep economic revival on the top of its preferences list.

The government should not waste time in blaming the former government and give proper attention to the economy, he added.