Lahore, March 12, 2014 (PPI-OT): While welcoming the present regime efforts for economic well being of the country, Pakistan Industrial and Traders Associations Front (PIAF) has presented three prong agenda to further improve economic indicators and foreign investment scenario.
In a press statement issued here Wednesday, Chairman PIAF Malik Tahir Javed said that special attention should be given towards the law and order situation, menace of corruption and red tapism to put economy back on rail.
He said that in the recent past rising risk perception about investing into Pakistan given a big blow to the FDI while severest-ever energy shortfall, bad law and order situation and instutional fragility added fuel to the fire but Nawaz Sharif government tackled the issue through a comprehensive policy approach.
He said that present government has addressed the issues of power shortage, poor infrastructure, law and order situation and other vital factors that had put the economy back on rail.
Malik Tahir Javed said that government has to remove the menace of corruption with iron hands as no economy in the world could grow in the presence of corrupt practices. He said that initiatives of Prime Minister Mian Nawaz Sharif and Chief Minister Punjab Mian Shahbaz Sharif to this regard would go a long way in improving the image and prestige of the country.
The PIAF leaders said that the private sector would play its due role and extend its fullest support to the government for weeding out the menace of corruption.
For more information, Contact:
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Phone: (92) 42 5123522
Fax: (92) 42 5123522