Former PM strengthened democracy by accepting verdict: FPCCI

News Image

MG News | July 29, 2017 at 02:20 PM GMT+05:00

0:00
  • Former PM strengthened democracy by accepting verdict
  • PTI took accountability process to new heights
  • Development not to hit Pak-China friendship, CPEC


July 29: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday lauded the former Prime Minister Nawaz Sharif and his party for showing political maturity after the Supreme Court's verdict.

Some of the leaders of PML-N expressed reservations over the disqualification verdict by the Apex court but it was honourably accepted by the leadership of the party and they refrained from taking to streets which is laudable, it said.

The political maturity of former PM Nawaz Sharif has strengthened the democracy in the country and ended the uncertainty that had gripped country since last one year, said Atif Ikram Sheikh, Chairman FPCCI Regional Committee on Industries.

He said that the ruling party enjoys majority in the National Assembly therefore new prime minister should be nominated as soon as possible while the formation of the Cabinet should also not be delayed.

Urgent nomination of the new PM is a must to save the country from political and economic uncertainty, he added.

Atif Ikram Sheikh said that PTI has also played an important role in last one year, it has infused new life in the process of accountability and made it a national issue.

The PTI should not stop but also press for the accountability of all the politicians and bureaucrats which will not only boost its image but also improve political and economic environment.

He said that the recent developments can have an impact on the investment climate but it would be short-lived while the verdict will not hit Pak-China friendship or the game-changer project of CPEC.

Related News

Name Price/Vol %Chg/NChg
KSE100 156,547.18
316.32M
0.23%
366.24
ALLSHR 95,892.71
1,294.30M
0.21%
201.89
KSE30 47,799.79
188.28M
0.18%
85.39
KMI30 230,679.32
153.67M
0.42%
957.23
KMIALLSHR 64,594.58
547.04M
0.27%
174.50
BKTi 41,961.27
87.86M
-0.02%
-8.25
OGTi 31,818.27
13.82M
-0.54%
-173.50
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,990.00 117,685.00
116,465.00
-100.00
-0.09%
BRENT CRUDE 67.98 68.59
67.92
-0.49
-0.72%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.35 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.07 64.67
63.98
-0.45
-0.70%
SUGAR #11 WORLD 16.44 16.59
16.39
-0.12
-0.72%

Chart of the Day


Latest News
September 17, 2025 at 12:07 PM GMT+05:00

PM begins state visit to Saudi Arabia


September 17, 2025 at 11:20 AM GMT+05:00

PACRA maintains Nimir Chemicals' ratings


September 17, 2025 at 10:36 AM GMT+05:00

TOMCL secures $7.5m export orders for China



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg