Current Affairs

RCCI to convene All Pakistan Chambers Conference on economy

Rawalpindi: The Rawalpindi Chamber of commerce and Industry (RCCI) while showing grave concerns on current economic situation has convened the All Pakistan Chambers Presidents Conference starting from January 16 to 18 in Islamabad.

More than fifty chamber presidents, presidents of women chambers and small chambers and their representatives from all over the country will participate in the two days conference. A joint declaration will be issued at the end of the conference.

RCCI President Saqib Rafiq in a media briefing at chamber house here on Tuesday, said that the economic activities are at a standstill due to the uncertainty at the moment. The purpose of the conference was to bring together all the presidents under one roof and a joint declaration will be prepared. We expressed hope that the Government will address trader’s grievances, he added. The business community is worried due to the economic instability in the country. There is concern due to downsizing in the industries.

The discussion on the economy in the National Security Council is welcome, he commented. He said that the biggest issue at this time is double digit inflation; the purchasing power of the common man has been wiped off.

Group leader Sohail Altaf said that the Rawalpindi Chamber of Commerce wants all stakeholders to agree on the Charter of Democracy. It is an SOS call from the business community and we request that there is a need to close the chapter of politics at the moment and focus on the country’s economy.

He demanded that in order to end political polarization and get the country out of the current crisis, all the political parties have to come forward for charter of economy.

Senior Vice President Muhammad Hamza Sarosh, Vice President Faisal Shehzad, Chairman ICS 2023 Usman Ashraf, Former Presidents, Dr Shimail Daud Arain, Malik Shahid Saleem and RCCI members were also present on the occasion.

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