Govt on path to stimulate business activities: Economists

Jun 18, 2019: Analysts believe that the incumbent government is heading to right direction as per its manifesto and in order to stimulate business activities in the country.

Talking to a Radio Programme, they said that the government is striving hard to put the economy on right track and more efforts are being made for further improvement.

Economist Dr. Noor Fatima , adds, that the incumbent government is committed to encourage tourists to explore country's business and tourism potential.

It is imperative to address the major concerns of international investors including ease of doing business, economic and political stability, business friendly, secure and conducive environment for magnetizing the investors for new business ventures, she said.

Dr. Noor said, I am very optimistic that the incumbent government is heading towards the right direction in order to stimulate business activities and stabilize the economy.

The vision of the government is very clear and constructive and gradually the economy will blossom and Pakistan will emerge as an economic power on international front.

She suggested, opposition must contribute positively instead of creating hurdles in executing the budget.

Economist Hamayun Iqbal Shami said, government is taking concrete steps to increase exports, tourism and portray a positive image of the country.

Executing the budget is responsibility of the parliamentarians including opposition and the approval of budget is a constitutional process and any hurdle will cause delay in developmental projects.

It is better to address all reservations on the floor of parliament and any delay in the approval of the budget will negatively affect the economy. The tough budget is imperative for economic stability and growth in the long term, economist Dr. Alia H. Khan said.

Mirza Ikhtyar Baig, a renowned businessman says, despite all the hardships the incumbent government looks determined to improve the economy by taking some bold decisions, adding that, opposition should record its reservation in the parliament keeping in view the interest of the country.

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