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Pakistan Businesses Forum aims to capture global fruit market
freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.
PBF for effective measures to capture global fruit market
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Daily Times
June 18, 2021
Pakistan Businesses Forum (PBF) has demanded the federal government to carry out due structural changes in the power sector through measures to inculcate service oriented approach in power distribution companies (Discos).
Vice President, Pakistan Businesses Forum, Ahmad Jawad, in a statement on Thursday, stressed that improvement in the power sector could be possible through addressing the root causes- corruption, inefficiency and poor engineering practices – and promoting professionalism in Discos.
The circular debt in the current fiscal year has lowered to Rs.260 billion in comparison to Rs.449 billion buildup in the corresponding period of the last fiscal year but this has happened mainly because of the power tariff increases, he asserted. “Transferring the burden of the debt to power consumers is not a sound strategy to tackle this issue”, he opined adding that power distribution companies (Discos) were in shambles both technically and financia
Daily Times
May 5, 2021
Pakistan Businesses Forum (PBF) President, Sahibzada Muhammad Usman Zulfiqar has demanded the government to set up 5 mega textile parks in the budget 2021-22, saying this will make the industry globally competitive.
In the budget proposals shared with the press on Tuesday, he said that in last year’s finance bill, the textile industry had been completely ignored and deprived of relief. “There must be consistency in the policies and no way back for quite some time for the long run growth and development while overnight shift in policies has also been disadvantageous” he remarked.
He said Pakistan has a continuing balance of payments crisis and is being financed by local and international borrowing. More debt piling or borrowing is not a feasible solution. Therefore, this challenge can be overcome only by increasing exports, he stressed.
Govt urged to revive farm sector by easing input costs
Business
May 2, 2021
KARACHI: The government must announce tangible steps in the upcoming federal budget including curtailment of fertiliser prices and tariff on tube wells to cut the cost of agriculture inputs, an industry official said on Saturday.
“Even in last budget, federal government failed to announce any new initiative for the development of agriculture sector,
which is the backbone of national economy,” said Ahmad Jawad, Vice President Pakistan Businesses Forum in a statement.
Jawad said the target of 2.8 percent for agriculture development in the fiscal year of 2020-21 was also on low side in an unusual time.
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