FPCCI Greets Zardari, Hopes For Stable National Economy
Saturday, September 6, 2008 at 7:25 pm Under Business News 10 views
LAHORE:Federation of Pakistan Chamber of Commerce and Industry (FPCCI), an apex body of traders in the country Saturday greeted Co-Chairman Pakistan People’s Party, Asif Ali Zardari on his election as President of Pakistan.
Talking to APP, federation president Tanvir Ahmad Sheikh said that as President of Pakistan Asif Zardari would strengthen the democratic institutions besides restoring the confidence of foreign and local investors. He said that it is high time for Pakistan People’s Party to live upto the aspiration of the voters and deliver the goods as promised during the electioneering.
He said that political stability is pre-requisite for sound and sustainable economy. He hoped that Asif Ali Zardari will take private sector leadership into confidence while formulating fiscal policies.
Tanvir urged all the political parties to extend full co-operation to the newly elected President and Prime Minister in the larger national interest as the country is confronted and faced with serious challenges including terrorism.
Vice President SAARC Chamber of Commerce and Industry, Pakistan chapter and veteran trade leader Iftikhar Ali Malik said that after the landmark success of Zardari as President, the country will be steered out of political uncertainty and the deep looming economic crisis.
He hoped that Zardari as symbol of federation will promote true democracy in the country besides taking immediate corrective measures to save the country from economic crunch. He said that private sector is an engine of economic growth which, he added, should be given due representation in all the policy making bodies at local, provincial and federal level.
He said that in the prevailing scenario worldwide, only the survival of country or nation exclusively rest with sound economy. He said now it is high time for all the political parties especially in the coalition government to demonstrate highest degree of tolerance and responsibility towards political stability in the country which, he observed is key factor for sustainable economic growth.
Iftikhar Ali Malik underlined the vital importance for immediate peaceful settlement of all national issues in the larger national interest for prompt return to political stability as most of the foreign and local investors including domestic traders are facing tough time these days .He said that entire nation has pinned high hopes on Asif Ali Zardari and Syed Yousuf Raza Gilani to steer the country out of problems.
He said that prudent policies were necessary to keep the foreign investors glued to pak economy. He said that FPCCI, had already reposed full confidence in coalition partners.
Regarding load and gas shedding, he said that energy crisis must be addressed on war footing as it is playing havoc with national economy which, he observed, is in deep crisis in memory.
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