Govt to take private sector in confidence, says Dawood

Published
Govt working on multilateral policy including reforms in taxation, regulatory duty and ease of doing business.
Govt working on multilateral policy including reforms in taxation, regulatory duty and ease of doing business.

RAWALPINDI: Adviser to Prime Minister on Commerce, Investment and Textile, Abdul Razak Dawood on Wednesday said business community has been the top priority of government and the focus was to strengthen the interaction with traders.

The minister was talking to a delegation of Rawalpindi Chamber of Commerce and Industry led by its President Malik Shahid Saleem,.

Mr Dawood said that government was working on a multilateral policy including reforms in taxation, regulatory duty and ease of doing business.

“We are working on framing a new industrial policy which will bridge the fundamental disconnects between government and the private sector,” he said, adding “We want recommendations and suggestions to improve our ailing industry, especially small and medium enterprises.”

On the occassion, Mr Saleem said the government should act proactively and set a clear direction for economy with short, medium and long-term goals.

Deindustrialisation situation is an alarming challenge for the country, which has led to a decrease in revenues and increased the number of unemployed people, he added.

He said an aggressive export policy is required to meet the challenge of balance of payment.

Published in Dawn, January 10th, 2019

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Dire straits
Updated 14 Jul, 2026

Dire straits

FOR some time, the escalating confrontation between the US and Iran has been playing out round the strategically...
Ethnic targets
14 Jul, 2026

Ethnic targets

THE murder of five workers from Punjab in Mashkel is another grim reminder that ethnic violence remains a persistent...
Poverty punished
14 Jul, 2026

Poverty punished

THE challenge of illegal migrations should be viewed through a humanitarian lens. Harsh punishments for the poor...
Banking inertia
Updated 13 Jul, 2026

Banking inertia

PRIME Minister Shehbaz Sharif’s latest call to banks to expand lending to SMEs is nothing new. Every government...
Justice imperilled
13 Jul, 2026

Justice imperilled

THE Human Rights Commission of Pakistan and the International Federation for Human Rights have raised concerns about...
Toxic staple
13 Jul, 2026

Toxic staple

A RECENT article published in Dawn has shed light on the challenges being faced by Sindh’s chilli farmers, whose...