PIAF hopes new govt to take private sector on board

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The Pakistan Industrial and Traders Association Front (PIAF) Monday hoped that Prime Minsiter Muhammed Nawaz Sharif would take private sector on board in the policy making process.

Talking to a delegation of businessmen here, PIAF Acting Chairman Khamis Saeed Butt said the public in general and the business community in particular had reposed confidence in the Sharif brothers with expectations that their governments would utilize all available resources to remove economic ills.

He also called for curtailing non-developmental expenditures and bringing untaxed sectors into the tax net to enhance government revenue besides dealing with corruption with an iron hand.

The PIAF leader urged the new government to evolve an effective and viable strategy in consultation with stakeholders to revive economy.

Uninterrupted supply of electricity and gas and promotion of merit and austerity would not only revive business activities but also attract much-needed foreign investment, he observed.