Follow Us on Google News
ISLAMABAD: Finance Adviser (FA) Abdul Hafeez Shaikh on Thursday said that the incumbent government gave a feasible environment to investors by creating ease in advancing business.
While addressing Peace and Development Conference in Islamabad today, Abdul Hafeez Shaikh said, “We have to further simplify business procedures besides giving a favorable environment to investors.”
Also read: Economy on the right path, Hafeez Shaikh tells US investors
Hafeez said, “The government has also taken effective measures to stabilise the national economy which resulted in a reduction in current account deficit up to 40 percent.”
He added, “We are working on CASA-1000 [Central Asia-South Asia power project] to overcome energy shortage. Moreover, the government had opened the Torkham border to continue trade activities for 24 hours.”
Also read: Hafeez Shaikh, IMF director discuss program implementation
Hafeez stressed over poverty alleviation in developing countries for stepping towards achieving the target to becoming prosper states.
Hafeez said that the continuity of the government’s policies was crucial for prosperity in the country.
He urged regional countries to make joint efforts for gaining prosperity by taking benefit of the available opportunities.
Also read: Accountability not to affect businesses: Hafeez Shaikh
