Dar’s appointment as FM a breath of fresh air for economy: NBGP Chief

Business Sep, 28 2022
Dar’s appointment as FM a breath of fresh air for economy: NBGP Chief
  • 145
  • 0

ISLAMABAD: Chairman of National Business Group Pakistan (NBGP) Zahid Hussain welcoming return of Senator Ishaq Dar to Pakistan said it gave hope to business community and rupee to strengthen while stock market also to increase. Business community is regaining confidence.

Majority believe that return of Ishaq Dar will be a breath of fresh air for country’s faltering economy. Talking to business community, he said that country needs an economist like Ishaq Dar more than ever before in present critical situation.

Economy needed an expert who could restore it, which is why Ishaq Dar is returning to same position from which he was expelled because there was no other option. Pakistan is currently suffering from floods. Country’s agriculture has been devastated by worst floods.

 At same time, industrial sector also suffered heavy losses and future of textile sector is at stake. Problem of food security has also become serious due to flood and country has lost at least thirty billion dollars while attitude of international community is not as expected despite being positive. In these circumstances, Ishaq Dar’s return can be a pleasant change for country.

Published in The Daily National Courier, September, 28 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Govt pushes for higher female participation in police force, Says Maryam Nawaz

Punjab Chief Minister Maryam Nawaz says the government wants to increase the number of women in the police department.  Maryam, while addressing the passing-out parade ce...

PM Shehbaz unveils plan for 150 buses for Karachi

KARACHI: Prime Minister Shahbaz Sharif has announced 150 buses for Karachi during his inaugural visit to the city on Wednesday. The premier revealed the decision to allocate 1...

PM introduces Shuhada package for martyred govt officials

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday launched the Shuhada package to support the families of the federal government officials martyred in the line of duty. The...

Gold prices rise in Pakistan

KARACHI: The gold prices in Pakistan continue to increase in Pakistan as per tola price reached Rs242,500 in the local market. The per tola price of 24 karat gold witnessed an...

More like this
Related

Gold prices rise in Pakistan

KARACHI: The gold prices in Pakistan continue to increase in Pakistan as per tola price reached Rs242,500 in the local market. The per tola price of 24 karat gold witnessed an...

Pakistani rupee continues to decline against USD

KARACHI: Pakistani rupee on Wednesday depreciated by 02paisa against the US dollar in the interbank market, according to the State Bank of Pakistan (SBP) report.  The loc...

Hard work requires to bring power, oil prices down: Shahid Khaqan

ISLAMABAD: Former Prime Minister Shahid Khaqan Abbasi said that hard work and hard decisions will be required to bring power and petroleum prices down. Talking to media outsid...

Aurangzeb expects central bank reserves to be $9-10bn by FY24-end

Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb said that he expected foreign exchange reserves held by State Bank of Pakistan to close this fiscal year at arou...
Need Help? Chat with us