Business community wants Shahbaz as energy minister

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Central General Secretary of the All Pakistan Anjuman-e-Tajiran Naeem Mir on Friday said business community want Shahbaz Sharif as energy minister to resolve energy crisis.

The former chief minister Punjab is very capable of resolving the energy crisis engineered by the former Pakistan People’s Party government, he said.

Talking to Dr Murtaza Mughal, President of the Pakistan Economy Watch, Naeem Mir said that Pakistan braved massive mismanagement and corruption for years which triggered inflation, unemployment and economic meltdown.

The former governments wasted billions of rupees of taxpayers’ money only to further deteriorate ailing power sector and public sector enterprises. Mir demanded imposition of power emergency and giving control of power distribution companies to provinces.

He said that tax amnesty schemes are counterproductive as budget deficit can only be bridged if big evaders are brought to book. Government should initiate legislation to forfeit assets of tax evaders and to bring stolen funds back from the Swiss banks, he demanded.

At the occasion, Dr Murtaza Mughal said that bilateral trade with India stands at $ 2 billion which can be jacked up to $ 10 billion through confidence building measures.

He said that all the bleeding PSEs should be privatised without any delay and that small chambers may attract some 80 million traders to get National Tax Numbers (NTN).

Dr Mughal said that country needs widely credited 61-years-old politician and he should not go for a record 4th term as chief minister.