Industrial operations during 2nd corona wave to help stabilize economy: UBG.

LAHORE -- United Business Group (UBG), the largest alliance of chambers and trade associations in the country, said on Monday that Prime Minister Imran Khan's prudent decision of allowing industrial operations during the second wave of coronavirus pandemic will definitely have a salutary impact on the national economy. Talking to a traders delegation here, the UBG Chairman Iftikhar Ali Malik, Presidential candidate in the upcoming election of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Khalid Tawab and candidate for the FPCCI Vice President Almas Hyder said that timely and judicious decisions of the PTI government under the leadership of Prime Minister Imran Khan are giving impetus to industrial productivity and trade activities across the country, thus ensuring economic stability. Iftikhar Ali Malik said that Covid-19 has crippled even the advanced economies of the world, countries including Pakistan are trying to maneuver through the coronavirus; monetary and fiscal policies are extensively being used to deal...