State Institutions Interference Worry Businesses
Staff Report
Islamabad: Industrialists and investors have expressed serious concerns over unnecessary interference by state institutions.
A high-level meeting of the Committee constituted by the Prime Minister to prevent undue interference by state authorities was held on Monday under the chairmanship of Special Assistant to the Prime Minister, Mr. Haroon Akhtar Khan.
The meeting focused on addressing the issues faced by industrialists and investors. During the discussion, the business community raised concerns regarding unnecessary interference by state institutions, the lack of Business Facilitation Centers and one-window operations, as well as inadequate support and taxation-related challenges from the government.Foundations’ Real Estate businesses come under Radar
Mr. Haroon Akhtar Khan emphasized that, in line with the Prime Minister’s vision, facilitating industrialists would accelerate economic activities. He cautioned that undue interference by state authorities could negatively impact investment and economic growth.
Mr. Haroon Akhtar Khan highlighted that the Prime Minister envisions state institutions playing a key role in providing facilitation, ensuring the protection and support of industrialists, and boosting business confidence.
He further stated that the establishment of Business Facilitation Centers, promoting ease of doing business, and formulating supportive policies are critical pathways for the revival and growth of Pakistan’s industrial sector.
