ISLAMABAD (PR):  Past approach of ignoring business community in decision making has cost the economy dearly and it is high time that government should adopt a business friendly approach and give enhanced role to business leaders in policy making process for steering the economy out of current challenges, said Senator Mushahid Hussain Sayed while addressing members of Islamabad Chamber of Commerce & Industry at ICCI. He was accompanied by PML Central Secretary Finance Imtiaz Ranjah, Deputy Secretary Information Mustafa Malik and PML KPK President Intikhab Khan.
He said the next century is the century of Asia as power balance is shifting from West to East. In this scenario, private sector has to play bigger role in national affairs and there is a need to change mindset to address businessmen problems on priority and give them major role in promoting the economy.
Senator Mushahid Hussain said bureaucratic red-tape caused unnecessary delay in completion of 425MW Nandipur power project and it is good that M/s. Dong Fong Electricity of China is coming back to complete the unfinished project. Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry said that instead of tilting towards the West, Pakistan should reorient its foreign policy and focus on greater Asia, which offers huge trade and economic opportunities. He said business community is normally ignored in policy making, rather it is blamed for many problems while it is playing important role in the economic development of country and should be given due recognition.