FPCCI calls for redressing 'anomalies' in budget.

KARACHI -- The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday called for immediate rectification of 'anomalies' in the federal budget 2019-20 in due consultation with it and all other major trade bodies.

Addressing a joint press conference here at the Federation House, FPCCI President Engr Daroo Khan Achakzai, Senior President Dr Mirza Ikhtiar Baig, Patron-in-Chief of the United Business Group in FPCCI S M Muneer, former FPCCI president Zubair F Tufail and former senior vice president S.Khalid Tawab, and President of All Pakistan Mines and Minerals Association Mir Behrooz Khan Baloch, expressed the apprehensions that the budget would discourage economic growth.

The FPCCI president said that it was the first time this apex trade body had took over a week after the budget's announcement to give its formal reaction. The FPCCI leadership, he said, was engaged in detailed consultations with all the 60 chambers and 120 trade associations of the country on the pros and cons of the...