LAHORE  - The Lahore Chamber of Commerce and Industry on Thursday appreciated Prime Minister Nawaz Sharif for taking the business community in confidence over ongoing economic policies and sharing his economic agenda with the stakeholders.

LCCI acting president Mian Tariq Misbah and Vice President Kashif Anwar said that this is great initiative on the part of the government as it has removed lot many misconceptions besides strengthening public-private sector liaison. They said that the practice should be made a regular feature for the sake of continuity in policies. “It is a great confidence building measure that would definitely help increase the volume of local investment in the country.”

The LCCI office-bearers said that the Prime Minister’s decision to include private sector representatives in Business and Agriculture Advisory committees would help strengthen the country’s economy. They said that the decision to facilitate Chambers for the establishment of new economic zones would help promote local investment besides bringing down the fast galloping unemployment.

They said that issuance of honor cards to tax payers and excellence awards to top tax payers would help promote taxation culture in the country and encourage more and more people to join tax net.

Removal of procedural hitches for the businessmen intend to put up power plants would go a long way in overcoming the shortage of energy in the country, the LCCI office-bearers added.