FPCCI's UBG reposes full confidence in PM for pursuing prudent economic policies.

ISLAMABAD -- Federation of Pakistan Chamber of Commerce and Industry's United Business Group(UBG) Thursday unanimously reposed full confidence in Prime Minister Shehbaz Sharif for pursuing prudent economic policies to help steer the country out of economic crunch.

Talking to a delegation of traders led by president UBG Zubair Tufail, Central Chairman UBG Shahzad Ali Malik said it's good omen that Prime Minister was taking top elected leaders of business community from all sectors into confidence prior to formulation of monetary and trade policies to push the national economy in the wake of deadly pandemic.

He said UBG top leadership including its patron-in-chief SM Munir,founder chairman Iftikhar Ali Malik,secretary general Zafar Bakhtawari, Secretary Information Dr Mirza Ikhtiar and other members of core committee today decided in principle to support the prime minister and extend helping hand in the larger national interests for bringing gradually structural economic reforms mainly aimed at strengthening economy.

He said the private sector is backbone of economy and engine of economic growth, creating jobs,increasing trade, providing goods and services to the poor besides generating tax revenue.

He said government plays a central role in supporting economic growth and reducing abject...