Tag: Sindh Governor

  • Traders call off protest on successful talks with Sindh governor

    Traders call off protest on successful talks with Sindh governor

    KARACHI: Karachi Tajir Ittehad on Sunday called off its three-day shutter down protest after successful meeting with Sindh Governor Imran Ismail.

    The small traders representing various markets of Karachi city a day earlier decided to shut down their shops for initially three days in order to force the government to accept their demands related to taxation.

    The traders had also demanded the federal government to replace Sindh governor.

    Sindh Governor Imran Ismail in the meeting with small traders apologized for his remarks related to collection of taxes.

    The governor assured the traders that the tax authorities would not take any adverse action against traders for next one month. He also assured the trade community for negotiations on taxation measures.

    At the meeting the trade associations presented their chartered of demand.

    The traders said that they were ready to talk with the chairman of Federal Board of Revenue (FBR). Till the meeting with the FBR chairman there will be no protest, the traders assured.

    They said that the negotiations with the FBR chairman would be successful and in case of failure the traders would have no other option but to shut down their businesses.

    The trade leaders including Jameel Pracha, Rizwan Irfan, Sheikh Alam, Hakeem Shaikh, Waqar Azeem and others were present at the meeting.

    Leader of trade community Jameel Pracha asked the market associations to open their business on Monday July 08, 2019.

  • Pakistan approaches IMF on bad economic conditions: Dr. Hafeez Shaikh

    Pakistan approaches IMF on bad economic conditions: Dr. Hafeez Shaikh

    KARACHI: Pakistan has approached the IMF for a new loan program due to bad economic conditions of the country, Advisor to Prime Minister on Finance Dr. Hafeez Shaikh said on Thursday.

    Advisor to PM Dr. Hafeez Shaikh was addressing a press conference at Governor House, Sindh. Governor Sindh Imran Ismail and Chairman Federal Board of Revenue (FBR) Shabbar Zaidi was also at the press conference. A large number of businessmen were also at the event.

    He said that in order to strengthen the economic condition the government had planned sort-, medium- and long term programs.

    The advisor and the FBR chairman briefed about the IMF loan program and amnesty scheme.

    Imran Ismail said that the government wanted to resolve industries problem at their doorstep.

    In this regard Sindh Industrial Liaison Committees were formed to speed up the resolution process.

    On the occasion, FBR chairman said that the latest amnesty scheme was supported by the entire business community.

    He said that amnesty scheme would generate sizeable revenue which would bode well for the country’s economy.