S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG), criticized the government on Friday for the increased electricity costs for commercial usage. He emphasized that industries cannot operate effectively under the current power rates.
“Nobody wants to pursue a business due to the massive surge in power bills,” Tanveer stated during a joint press conference with former federal minister Gohar Ejaz.
Need for Export Growth
Tanveer, a former provincial minister, stressed that increasing exports is essential for the country’s economic recovery. “No significant step has been taken in this regard as the business community has serious reservations about the handling of the issue,” he remarked.
Call for Leadership
Tanveer urged Ejaz to lead the business community nationwide for a brighter future.
Alleviating Industrial Grievances
Ejaz echoed Tanveer’s concerns, stating that the country’s progress depends on addressing the industrial sector’s grievances effectively.
Source: dunyanews.tv
