ISLAMABAD, JUL 18: /DNA/ – Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has emphasized the urgent need for long-term and consistent economic policies to ensure sustainable growth and stability in Pakistan.
Speaking to visiting delegations of traders and industrialists at the Chamber House on Friday, alongside Senior Vice President Abdul Rehman Siddiqui and Vice President Nasir Mehmood Chaudhry, the ICCI President said that policy consistency, rooted in national economic interests, is the only viable path to steer the country out of the ongoing crisis.
He termed short-term and ad-hoc policymaking as a major cause of uncertainty, undermining investor confidence and hampering economic prosperity. “Unpredictable policies create hesitation among local and foreign investors alike,” he added.
Nasir Qureshi stressed the need for creating an enabling business environment, calling for the elimination of coercive measures and the adoption of facilitative mechanisms to boost trade and industrial activity. “Ease of doing business must be a priority if we are to revive economic momentum,” he asserted.
He further underscored the importance of inclusive policy making, stating that it is imperative for the government to take all stakeholders, especially Chambers of Commerce, into confidence before finalizing any major economic decision. “Participation of the business community in policy formation ensures better implementation and ownership,” he said.
The ICCI President reaffirmed the Chamber’s commitment to acting as a bridge between the business community and government institutions. “We will continue to play our advocacy role to safeguard the interests of traders and industrialists and promote a business-friendly environment in the country,” he concluded.
