ISLAMABAD: President Dr Arif Alvi has urged traders, businessmen and industrialists to work with the government for the collection of more taxes.
While talking to a delegation of Lahore Chamber of Commerce and Industries (LCC&I) Dr Arif Alvi urged the businessmen to play an active role in encouraging the business community to pay taxes so that the budget deficit could be reduced and more funds be allocated for development work.
The government was committed to provide a competitive and fair business environment to entrepreneurs and build a sustainable economy, President Alvi said.
The government was taking care of the business community he said, adding that under-privileged sections of society and, in this regard, had provided a historic stimulus package of Rs. 1.2 Trillion as economic relief to help the business community and poor strata of society.
The president assured the delegation that he would ask the concerned quarters to help address their problems. The President said the country’s economy despite the pandemic was performing well as is evident from the increase in tax collection and a surge in exports.
Expressing satisfaction over the economic performance, the President said that the country’s exports during the last 10 months grew by 13 percent to $20.879 billion as compared to $18.408 billion during the corresponding period last year.
He stated that the business-friendly policy of the government led to an improvement in the Ease of Doing Business Index with the country’s ranking going up from 136th position to 108th position.
The delegation appreciated the economic policies of the government, particularly the historic stimulus package provided during the pandemic. The delegates also informed the President about the problems being faced by the business community.
