Govt Creating Favourable Environment for Local Investment: Tasneem

Tue Nov 29 2022
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Staff Report

ISLAMABAD: Special Assistant to Prime Minister on Industries and Production Tasneem Ahmed Qureshi has said that the federal government was creating a favorable business and industrial environment in the country to win the confidence of local industrialists, investors, and traders.

Tasneem was chairing a meeting at the Small and Medium Enterprises Development Authority (SMEDA) head office and was briefed by SMEDA Chief Executive Officer Hashim Raza about the authority’s working targets, and achievements. Other senior SMEDA officers were also present on the occasion.

Tasneem Ahmed said, “We are trying to encourage a business-friendly culture in the country with the help of all institutions related to business development, including SMEDA, as the government alone could not overcome serious issues like unemployment and poverty. He ensured that facilities would be provided for the investment made by the public sector to create employment opportunities, especially through the promotion of the small business community. He said politi­cal stability was necessary for eco­nomic development, asserting that in today’s world, only those nations were truly free, which had stabilized their respective economies and developed themselves on strong footing.

The coalition gov­ernment wants to transform the country into a truly free and inde­pendent by focusing more on eco­nomic development. Tasneem thanked the prime minister for appointing him as his spe­cial assistant on the people party Chairman Bilawal Bhutto Zardari proposal and trusted him with industrial and commercial development responsibilities.

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