LAHORE - Federation of Pakistan Chambers of Commerce and Industry President Zubair Ahmad Malik Saturday urged the government to take soft view on payment of loans.
The newly elected FPCCI chief Zubair Ahmad Malik in his maiden interview with APP said that entire business community would pay their pending dues, taxes, utility bills and other financial liabilities.
On the other hand, the government should take a lenient view keeping in view ground realities and problems being confronted by the business community across the country due to gas shortage, power loadshedding and poor law and order, he added. As a result, exporters could not meet their export targets and the corporate sector also miserably failed to achieve desired growth which caused irreparable monetary loss to the business community besides badly upsetting their internal mode of payment schedule, he explained.
Zubair said it would be easy for the business community to repay their liabilities if instalments were made, all their genuine grievances were addressed and disputes settled amicably.
He said that entire newly elected body of FPCCI had already asked all traders throughout the country to clear their dues on time and only genuine cases would be supported by the federation and all its affiliated chambers and trade bodies.
Chairman Businessman Panel, Tariq Sayyed, a leading trade leader, and former president Pak-Indo Chamber of Commerce and Industry S M Munir and trade leader Iftikhar Ali Malik were also present. The FPCCI chief said their organisation is an apolitical body comprising all chambers and recognised trade bodies which holds its election democratically and made it clear that no one will be allowed to politicise it at all.
About budget proposals, Zubair said that all chambers had been asked to send their proposals immediately for submission to the federal government. He said the FPCCI would not fully protect but also safeguard legitimate interests of the business community.
Zabair Malik said the annual general body of the federation had approved holding of a national trader convention in the city in which all traders from all provinces will be invited.
Iftikhar Ali Malik said that future line of action will be drawn after consensus of the convention; however, he said that all traders are equally patriotic as other segments of society and always a major source of strength of the national economy.
He said the federation will never support tax evaders and defaulters, however, genuine cases will be supported only on merit by a committee.