Promotion of trade & industry is the top priority: Ali Nawaz Awan



ISLAMABAD: Special Assistant to Prime Minister Ali Nawaz Awan has said that promotion of trade & industry is the top priority of the government. We make every effort to simplify the process of doing business and running industries and to reduce business costs.

 Ali Nawaz Awan, while meeting with Farhan Ashrafi, Vice Chairman Pakistan Yarn Merchants Association (PYMA) and Convener FPCCI Yarn Trading Standing Committee at his office in Assembly building, said that the government reduced taxes and duties in the budget for the financial year 2021-22 and provided relief to the business community.

Earlier, former President FPCCI Anjum Nisar and Vice President FPCCI Shahzeb Akram along with Farhan Ashrafi also attended a meeting chaired by Senator Muhammad Talha Mahmood Chairman, Senate Standing Committee on Finance Revenue & Economic Affairs. In which Farhan Ashrafi pointed out the budget anomalies from the yarn traders & fabric manufacturers and pleaded to remove it.

Ali Nawaz Awan, Special Assistant to Prime Minister, during a meeting with Farhan Ashrafi, Vice Chairman, PYMA, in his chamber, discussed the budget anomalies, and said that the PTI government had not imposed any new tax keeping in view the plight of the business community. Instead, it removed regulatory duty on industrial raw materials and reduced taxes so that production activities could continue unabated and domestic exports could be boosted.

He discussed in detail the problems faced by the yarn traders & fabric manufacturers due to budget anomalies and assured of all possible cooperation.