- Home
- Business
- News
- Govt to consider suggestions of businessmen for Budget 2018-19: Rana Muhammad Afzal Khan
Govt To Consider Suggestions Of Businessmen For Budget 2018-19: Rana Muhammad Afzal Khan
Rukhshan Mir (@rukhshanmir) Published February 28, 2018 | 07:25 PM
State Minister for Finance and Economic Affairs Rana Muhammad Afzal Khan has assured the business community that the government will consider their suggestions for the Federal Budget 2018-19.
KARACHI, (UrduPoint / Pakistan Point News - 28th Feb, 2018 ) :State Minister for Finance and Economic Affairs Rana Muhammad Afzal Khan has assured the business community that the government will consider their suggestions for the Federal Budget 2018-19.
Speaking at a seminar on 'Forthcoming Federal Budget 2018-19' at local hotel here on Wednesday evening, the minister thanked the participants for the recognition of government's achievements in the last four years.
The seminar was organised by the President of Pakistan Businessmen and Intellectuals Forum, Mian Zahid Hussain. Renowned businessmen, including former president FPCCI Zakria Usman, Saqib Fayyaz Maggon, Mirza Ishtiaq Baig, Zafar Iqbal and Arif Habib also addressed the seminar.
They appreciated the federal government's measures to overcome the major challenges of power shortages and law and order situation after coming into power in 2013. They also appreciated the federal government for putting the country's economy in the right direction and for initiating various mega development projects, as well as the game-changer the China Pakistan Economic Corridor (CPEC) project.
The business community also lauded the government for initiating various mega development projects, as well as the game-changer the China-Pakistan Economic Corridor (CPEC) project. The business leaders called for a general amnesty scheme for bringing money back from abroad.
They were of the view that because of the poor law and order situation in the recent past a large number of businessmen had transferred their money abroad and now they want to bring it back. They said that the scheme will bring huge foreign exchange and help boost the country's economy.
The minister said suggestions of businessmen for the annual budget would be considered. He said China imports billions of Dollars goods every year and Pakistani businessmen and traders should focus on increasing exports to China. He said the government wants to simplify the tax collection system and the complaints of businessmen community to this effect would be addressed.
Related Topics
Recent Stories
SC orders end of encroachments in Karachi
Nazish Jahangir denies viral screenshots, calls them fake
Govt likely to hike electricity price once again
Bismah Maroof announces immediate retirement from international cricket
Malala expresses unwavering support for Gaza people
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
More Stories From Business
-
Pakistan earns $1,976 million from IT services' export in 8 months
11 minutes ago -
PSX loses 80 points
31 minutes ago -
Ahad Cheem lauds UNDP’s cooperation
32 minutes ago -
London stocks hit new record on blockbuster mining takeover bid
1 hour ago -
Sialkot University, Ministry of Climate Change, Ethiopian embassy host business forum
1 hour ago -
Govt likely to hike electricity price once again
3 hours ago
-
Mining giant BHP launches bid to take over rival Anglo American
3 hours ago -
Gold rates up by Rs500 per tola to Rs242,500
5 hours ago -
Tokyo stocks end lower after Meta results
5 hours ago -
EXCHANGE RATES FOR CURRENCY NOTES
6 hours ago -
Foreign exchange rates
7 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
8 hours ago