Islamabad Chamber of Small Traders (ICST) on Sunday said that Prime Minister Imran Khan will ride the country out of the economic crisis inherited from the Pakistan Muslim League-Nawaz (PML-N) government.
Government policies have made the investment in the foreign currency less attractive which has stabilised the rupee while the decision to review all the international agreements is a laudable move, it said.
ICST Patron Shahid Rasheed Butt said that the worries among masses and the business community have been largely diminished as the economy is no more heading for a hard landing.
He said that PM Imran Khan is not worried about his own interests than those of the country which has calmed the sentiments and triggered hopes.
Shahid Rasheed Butt said that Imran Khan has picked a competent finance minister and a professional adviser to tackle economic challenges which have been widely hailed across the concerned circles.
The prime minister is choosing the right people to head key institutions to fulfill the promises of good governance, he added.
The recent appointment of Intelligence Bureau director general indicates that the PM believes in strengthening civilian institutions to meet internal security challenges.
A competent person should be appointed as Federal Investigation Agency DG who can depoliticise the institution to effectively combat corruption, economic crimes, money laundering, terror financing and crimes with international implications.
He noted that PM’s governance criteria will soon be clear in the areas of national security and administration of justice as he will never disappoint masses.
The business leader said that Free Trade Agreements and energy deals have resulted in colossal losses to the economy; therefore, all such contracts should be reviewed on a preferential basis.
Published in Daily Times, September 3rd 2018.
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