Rawalpindi: Rawalpindi Chamber of Commerce and Industry (RCCI) has termed that Staff Level Agreement (SLA) with International Monetary Fund (IMF) is a good news for Pakistan’s economy. The yield will not only send a positive message to investors, but the risk of default has also been averted, said RCCI President Saqib Rafiq.
He said in a statement that The business community hopes that the industry reforms introduced by the government in the budget including the five exports sectors to increase tax net and increase exports will be implemented.
The framework for development of five Es, Energy, E-Pakistan, environment, equity and empowerment will be shared with business community and stakeholders will be taken on board, he added. President Chamber Saqib Rafique said that the government should improve financial management and discipline.
Give preference to lesser-known and nonconventional sectors to increase exports. He said that the Chamber has also submitted a nine-point economic plan to the Ministry of Finance and FBR in its budget proposals.