PBIF appreciate PM's decision to resolve issues of builders.

Karachi -- President Pakistan Businessmen and Intellectuals Forum (PBIF) and former provincial minister, Mian Zahid Hussain on Friday lauded the decision of the Prime Minister Imran Khan to resolve the issues faced by builders and developers.

Talking to the business community, the veteran business leader said that the construction sector is providing jobs to millions while around forty industries are depended on this sector which is facing multiple issues which is hindering its growth.

He said that PM has issued directives to resolve the issues of builders and developers including tax and price of inputs which will enable stakeholders of this sector to work with peace of mind.

The former minister noted that a reduction of 73 percent has been recorded in the current account deficit during the first five months of the current fiscal due to import compression.

The import bill has come down from $6.73 billion to $1.82 billion but discouraging imports only will not resolve the issue. It will require exports and encouraging...

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