Govt to announce aid package for small and medium enterprises, retailers, Chairman Fedmik Mian Kashif Ashfaq

Mian Kashif Ashfaq, chairman of the Yasalabad Industrial Estate Development and Management Company (FEDMC), has said that the government should announce a relief package for small and medium enterprises and retailers to counter the effects of Quaid 19 on the economy. To promote small business in the country.

He expressed these views while talking to a delegation of small traders and retailers who met him on Tuesday and discussed issues related to small business in the current situation. Mian Kashif said the government was well aware of the difficulties faced by the business community and the business community due to the lockdown.

He demanded to take the business community into confidence in the preparation of SOPs and said that the Corona epidemic has severely damaged the business community so it was very important to give a big relief package to the business community to restore normal business.

He said that sales tax rate should be 5% and income tax and electricity bills should be waived. Provide interest free loans to the business community so that they can support their families and their workers. Tax collection at all government agencies, provincial and central levels should be delayed. Involve the business community and stakeholders in policy making regarding coronavirus control.      

He said that Pakistan's economy is expected to lose up to 4.64% of GDP as trade, imports and exports have been severely affected by the Corona epidemic. Mian Kashif said that FedEx was also facing hurdles in carrying out necessary tasks and completion of projects while completion of these projects was crucial for boosting economic activities and increasing exports in the country.

The epidemic has canceled منسو 2 billion in export orders. He said that the government headed by Prime Minister Imran Khan was taking comprehensive measures for protection from Corona. Resources are being utilized to provide free rations to poor families and government departments are ensuring foolproof security for the people 24 hours a day.                                                                        Mian Kashif urged the philanthropists to come forward to help the poor and needy people. Only with the joint efforts of the government, institutions and the people can we overcome this epidemic and the crisis it creates. Mian Kashif said that the world is facing a serious challenge and the disease has spread across the borders, in this situation the government and the public health sector needs and every effort to meet the needs of the weaker sections. Are doing.