logo
PM assures presidents of chambers of commerce: Steps being taken to ensure access to easy business loans

PM assures presidents of chambers of commerce: Steps being taken to ensure access to easy business loans

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday expressed determination for a historic economic victory following the country's recent military success in Marka-e-Haq against India, pledging close cooperation between the government and private sector to transform Pakistan into a global economic power.
Speaking to a delegation of presidents of Chambers of Commerce from across Pakistan, he emphasised the government's commitment to protecting business rights and creating a conducive environment for profitable enterprise. 'With the grace of Allah Almighty, we will emerge as a world economic power,' he said.
Sharif highlighted initiatives to boost small and medium enterprises, reduce the cost of doing business, and improve access to easy business loans.
PM directs ministries to draft action plan with chambers' input
He also stressed efforts to lower electricity costs and a strict stance against tax evasion. He called for the introduction of modern technology into industries and underlined the important role of women in the country's economic progress, promising full support for businesswomen.
Members of the delegation paid tribute to both the prime minister and the armed forces for their 'historic win' in Marka-e-Haq and commended the government's economic policies for gradual improvements in business conditions and stock market performance over the past two years.
The delegation expressed their intention to fully cooperate with the government's development agenda and public welfare initiatives.
They also praised reforms at the Federal Board of Revenue (FBR) and offered suggestions to make the tax system more business-friendly. The group presented budget recommendations for the next fiscal year, which Prime Minister Sharif directed the finance minister to review.
The meeting was attended by Federal Minister for Finance Muhammad Aurangzeb, Minister for Planning and Development Ahsan Iqbal, Minister for Industries Rana Tanvir Hussain, Minister for Commerce Jam Kamal Khan, Minister for Petroleum Ali Pervaiz Malik, Minister for Railways Hanif Abbasi, Minister for Information Technology Shaza Fatima Khawaja, Special Assistant Haroon Akhtar, and senior officials from relevant departments.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Marka-e-Haq 14th August Youm-e-Azaadi: Message from Asif Ali Zardari, The President of the Islamic Republic of Pakistan
Marka-e-Haq 14th August Youm-e-Azaadi: Message from Asif Ali Zardari, The President of the Islamic Republic of Pakistan

Business Recorder

time2 hours ago

  • Business Recorder

Marka-e-Haq 14th August Youm-e-Azaadi: Message from Asif Ali Zardari, The President of the Islamic Republic of Pakistan

Today, as we celebrate the 78th Independence Anniversary of our beloved homeland, I extend heartfelt congratulations to all Pakistanis at home and abroad. This day is a reminder of the courage, unity, and sacrifices that led to the creation of Pakistan. Today, the entire nation pays homage to our founding father, Quaid-i-Azam Muhammad Ali Jinnah, and the workers of the Pakistan Movement for their struggle and sacrifices. We celebrate this Independence Day with a sense of renewed pride and hope. Recently, our nation has reaffirmed its strength, resolve, and unity in the face of external aggression. Our success in Marka-e-Haq and Operation Bunyan-um-Marsoos is a landmark moment in our history. It was a demonstration of unshakable national will, professional excellence, and united purpose. Faced with unjustified Indian aggression, Pakistan responded with clarity, courage and restraint. The world witnessed a nation that is peace-loving, but fully capable of defending its sovereignty and territorial integrity. This victory has given our people a sense of renewed confidence. It has lifted the morale of the people, restored faith in our institutions, and enhanced Pakistan's stature on the global stage. Today, the world sees Pakistan as a country that seeks peace but does not bow to coercion. But this moment is about more than military success. It is a reminder of what we can achieve when we are united, focused, and committed to a common goal. Let us now channel this spirit into our economic revival, educational reform,technologicaladvancement, institutional development, and environmental resilience. The same discipline, courage, and clarity that led to our recent success against India can lead us towards victory in eradicating poverty, creating opportunities for our people, and building a just and inclusive society. On this Day, we also express solidarity with the people of Indian Illegally Occupied Jammu and Kashmir. Their courage and struggle for justice and their right to self-determination remain close to our hearts. Pakistan will continue to extend its unwavering diplomatic, moral, and political support until their right to self-determination is realized. Let this Independence Day be a turning point in our history. Let us rise beyond our divisions and stand together for a Pakistan that is built on justice, equality, faith, and service to all. May Allah be our guide and Copyright Business Recorder, 2025

Marka-e-Haq 14th August Youm-e-Azaadi: Message from M. Ishaq Dar, Deputy Prime Minister and Minister for Foreign Affairs of the Islamic Republic of Pakistan
Marka-e-Haq 14th August Youm-e-Azaadi: Message from M. Ishaq Dar, Deputy Prime Minister and Minister for Foreign Affairs of the Islamic Republic of Pakistan

Business Recorder

time2 hours ago

  • Business Recorder

Marka-e-Haq 14th August Youm-e-Azaadi: Message from M. Ishaq Dar, Deputy Prime Minister and Minister for Foreign Affairs of the Islamic Republic of Pakistan

On this Independence Day, we pay tribute to Quaid-i-Azam Muhammad Ali Jinnah for his leadership and vision, as well as the workers of the Pakistan Movement for their countless sacrifices to secure an independent homeland for the Muslims of South Asia. Pakistan was founded on the ideals of unity, faith, and discipline, and today we stand proud as a resilient nation of over 250 million people. Over the past 78 years, Pakistan has made significant strides in building a dynamic economy, advancing in science and technology, and contributing meaningfully to global peace and development. From our robust agricultural base to our growing IT exports, from successfully hosting important international events to launching ambitious infrastructure projects, Pakistan is steadily advancing towards a brighter future. Recent months have witnessed the indomitable spirit of Pakistan manifested on both military and diplomatic fronts. Through Operation Marka-e-Haq, our principled, lawful, and resolute response to India's illegal actions achieved a significant moral and political victory. By combining military preparedness with diplomatic acumen and national unity, we have demonstrated to the international community Pakistan'sunwaveringcommitment to defend its sovereignty while upholding global peace. We have reaffirmed that the Kashmir cause remains just, rights of Kashmiri people inalienable, and Pakistan's support unshakable until justice prevails. As we celebrate this Independence Day in Pakistan and across the globe, let us rededicate ourselves to building a stronger, more secure, and prosperous nation. Our greatest strength endures in the unity that forged our nation and in our collective resolve to uphold the principles of democracy, peace, and justice that inspired our beloved homeland's creation. Pakistan Zindabad! Copyright Business Recorder, 2025

‘Population projected to reach 385m by 2050'
‘Population projected to reach 385m by 2050'

Business Recorder

time3 hours ago

  • Business Recorder

‘Population projected to reach 385m by 2050'

ISLAMABAD: Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal revealed that Pakistan's population has surpassed 241 million and is projected to reach 385 million by 2050. While addressing the 'National Workshop on Population and Development' on Friday, he said that the population issue is not merely about numbers, but directly linked to the country's development and future. 'We must decide whether we want to raise generations that are hungry, sick, and intellectually weak, or healthy, strong, and intelligent,' he stated. 'Our religion does not oppose family planning,' he stressed, adding that in today's world, a nation's real strength lies not in numbers but in intellectual capacity. The minister warned that rapid population growth poses serious threats to employment, public health, food security, and water resources. He emphasised that balancing the number of children with available resources can improve their health. Iqbal urged the federal and provincial governments to ensure policy continuity and equitable resource distribution. He said that the recommendations from today's consultations would become part of a practical framework. He called for increasing women's participation in the workforce to 50 per cent and expressed commitment to act on the dialogue's recommendations on population. The minister further informed that, on the prime minister's instructions, a committee has been formed to address the population issue, with consultations to be held with all provinces. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store