M RAFIQUE GORAYA

LAHORE: The Businessmen Panel of the FPCCI has said exports have registered a fall of over five billion dollars in the last three years which has pushed the country into a very difficult situation.

It said hundreds of industrial units have been closed, many exporters became bankrupt, scores of laborers lost their jobs while the government has to borrow extensively from foreign and domestic sources to save the country from default, it said.

Secretary General of Businessmen Panel of FPCCI Senator Haji Ghulam Ali, Vice President Sheikh Aslam, Ahmed Jawad and Mian Usman said in a statement that those who were responsible for the fall in exports should be brought to the book. They alleged one of the persons responsible for fall in the exports is former CEO of TDAP who failed to deliver in three years leaving the government with only option to show him the door.

“Muneer never paid attention to his job and used all his abilities as well as the resources of the government to gain political mileage and dominate the FPCCI, they added. They resented the government took a number of steps to reform external sector but Muneer failed to improve exports by taking stakeholders on board and resolve their issues.

They alleged that former CEO of TDAP used government’s money to buy loyalties, promoted selected businesses and chambers of commerce faithful to his person, arranged many useless exhibitions and organized many free foreign trips for the voters.