The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has emphasized the need for the government to take the business community into confidence while making economic policies. This move is aimed at promoting transparency and consultation in policymaking, ultimately benefiting the entire business, industry, and trade community of Pakistan ¹.
FPCCI President has questioned the government’s seriousness in bringing transparency and consultation into economic policymaking. The business community wants to lend its support to the government in preparing a strategy to address economic problems ².
To achieve this, the FPCCI suggests that the government should:
- Involve Business Community in Policymaking: Take the business community into confidence while making economic policies to ensure transparency and consultation.
- Address Economic Challenges: Work with the business community to prepare a strategy to address economic problems, including high interest rates and volatility in rupee-dollar parity.
- Provide Support Package: Offer a support package to help the private sector cope with the aftermath of historic floods and other challenges ³.