Karachi, September 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) voiced strong opposition on Wednesday to the Federal Board of Revenue’s (FBR) proposed tax collection strategies, criticizing them as detrimental to business interests. FPCCI President Atif Ikram Sheikh condemned any efforts by the FBR to boost revenue through measures perceived as anti-business, urging for a more inclusive, consultative process with key stakeholders.
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Business Community Terms 2% Rate Cut Too Little
Karachi, September 12, 2024 – The business community in Pakistan has voiced its disappointment over the State Bank of Pakistan’s (SBP) decision to cut the key policy rate by 2%, terming it insufficient given the current economic conditions.
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FPCCI Announces Launch of Modern Digital Media Channel
Karachi, September 5, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced the launch of a modern digital media platform aimed at addressing key economic, social, and societal issues.
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FPCCI Vehemently Rejects Mini Budget Plan
Karachi, September 3, 2024 — The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) issued a vehement denunciation on Tuesday against any potential plans to introduce a mini-budget aimed at generating additional tax revenue.
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FPCCI Demands Immediate Cut in Policy Rate to 15%
Karachi – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the State Bank of Pakistan (SBP) to immediately reduce the key policy rate to 15%. This demand comes in response to what the FPCCI views as insufficient cuts in the policy rate over the last two monetary policy meetings.
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National Firewall Jeopardizes Pakistan’s IT Sector, FPCCI Warns
KARACHI, August 16, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has issued a grave warning regarding the implementation of the national firewall, stating that its adverse effects are poised to severely impact the country’s burgeoning IT industry.
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FPCCI Blasts Harsh Taxation and Soaring Power Tariffs
Karachi, August 12, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched a fierce critique against the country’s harsh taxation policies and soaring electricity tariffs, calling for urgent reforms to alleviate the financial strain on businesses and the national economy.
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President Zardari Seeks Viable Solution to IPPs Capacity Charges
Islamabad, August 2, 2024 – President Asif Ali Zardari has urged for a collaborative and effective solution to address the rising energy costs in Pakistan. He proposed that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) should form a committee to work with the President’s office in developing a viable strategy to manage the payment of capacity charges to Independent Power Producers (IPPs).
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Pakistan Customs Vows Speedy Clearance for Businesses
Karachi, July 8, 2024 – Pakistan Customs pledged to expedite customs clearance procedures during a meeting with representatives from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday.
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FPCCI Demands Immediate Cancellation of IPP Contracts
Karachi, July 5, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for the immediate cancellation of contracts with Independent Power Producers (IPPs).
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