KARACHI: Acting President of Korangi Association of Trade and Industry (KATI), Faraz-ur-Rehman has expressed hoped the government would provide relief to industry in upcoming “mini budget”.
He applauded the efforts of federal government to promote exports and measures to lower down production cost of Industry. He said that although relief in power sector was much appreciated however government should consider that there are huge imports of industry’s raw material and a policy should be well defined for this production related imports. He said that Prime Minister Imran Khan and Federal Finance Minister Asad Umar were focusing on the cost of production and taking measures, this additional point should be considered. He urged that not only in the “Mini-Budget” but also in national budget to provide relief in industry’s cost of production should be the top most priority of policy framework.