The Federal Government is committed to provide a competitive and fair business environment to entrepreneurs and has undertaken a number of measures to build a sustainable economy.
This has been stated by the President Dr. Arif Alvi while talking to a delegation of Federation of Pakistan Chambers of Commerce and Industry led by President FPCCI, Mian Nasser Hayatt Maggo, which called on him, in Islamabad on Thursday.
During the meeting, the President has said that the Federal Government, despite the financial constraints, supported the business community by providing them 1.2 Trillion rupees financial stimulus package. He said that the government has given incentives to depressed segments of society by providing financial assistance to 15 million families under the Ehsaas Emergency Cash Transfer Program during the novel coronavirus pandemic.
Dr Arif Alvi further stated that the government is also focusing on the economic empowerment of women and persons with disability by providing them incentivized loans at 5 percent mark-up. He said that the business community played important role in the economic development of the country.
On the occasion, the President also urged the delegation to encourage traders and businessmen to pay their taxes to enhance revenues so that more funds could be allocated for development activities.
The delegation of FPCCI apprised Dr Arif Alvi about the problems being faced by the trader community and proposed to further simplify the taxation procedure and provide enabling environment for business community.
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