Chairman APBUMA said that the Prime Minister of Pakistan Shahbaz Sharif approved the new agreement with the IMF. Mr. Shehbaz Sharif deserves special congratulations because of his round the clock efforts this could be possible . He said that Prime Minister's meeting with the Chief of the Fund in the recent conference held in France was very beneficial and reflects the support and ability of the Prime Minister at the international level.
Syed Muhammad Asim Shah said that the approval of the standby program has not only strengthened our economy but also boosted the atmosphere of confidence in the country, which can be estimated from the fact that after the agreement, not only the value of Rs. has stabilized but the stock market will also record a huge boom and the stock market index has increased by 2453 points on the first day of the business week after the Eid holidays.
He hoped that the government would take full advantage of this opportunity and lay the foundation for a sustainable development by preventing tax evasion in various sectors and increasing the tax base to increase the country's resources.
He said that the government will focus on the export sector and solve their problems on a priority basis to provide a favorable environment for the promotion of exports because only through exports we can provide resources for the stability of our economy.
APBUMA assured the government that the sectors belonging to textile and other business community fully support the government for the stability of the economy in the country.
