Islamabad Chamber of Commerce and Industry (ICCI) on Monday urged the government to foster stronger collaboration with the business community to create an enabling environment for businesses.
It urged the need for addressing the existing bottlenecks hampering economic progress and social prosperity in the country. Speaking to a delegation of visiting business leaders Nasir Mansoor Qureshi, President ICCI emphasized that long-term planning and consistent economic policies are vital to achieving the overarching goal of a stable and robust economy. He underscored the importance of broadening the tax base, ensuring the availability of electricity at affordable rates, increasing foreign direct investment (FDI), and expanding access to international capital markets to stimulate industrial and economic activity. He further noted that the country must move away from excessive reliance on commercial debt and instead priorities the sustainable economic reforms and the growth of productive sectors.