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Creating a conducive environment for investors is a priority: Hafeez Sheikh

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KARACHI: Finance Advisor Abdul Hafeez Sheikh has said that providing a conducive environment for investors in the country is the top priority of the government.
According to details, speaking at the Pakistan Stock Exchange in Karachi this morning, Finance Advisor Hafeez Sheikh said that Pakistan Stock Exchange is the fourth largest market in the world in terms of performance, no country can develop without trade and investment with other countries. Economic indicators have turned positive due to government policies and we will work together to improve the economy. The issuance of 200 billion sukuk bonds is a big step forward.
“We want to give autonomy to the institutions. The budget has been increased despite the reduction in government expenditure,” he said. The government is subsidizing electricity, gas, tube wells and fertilizers. Ninety percent of gas consumers are being offered discounts on conventions. The financial adviser has asked the business community to find new markets for their products and use innovative ways to grow their business. He said that in case of non-refund of sales tax within 72 hours, the business community should contact him. Earlier, the Finance Advisor inaugurated the first trading day of the week on the Pakistan Stock Exchange.

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