Faheem Saigol says PIAF Anjum Nisar Group, Pioneer Group and Progressive Group to jointly field candidates for Lahore Chamber polls
LAHORE, AUG 18 /DNA/ – The biggest alliance of the three strong groups of LCCI has been established first time in the history of Lahore business community to contest Lahore Chamber’s election being held in Sept 2024.
PIAF Chief Patron Mian Anjum Nisar, Chairman Pioneer Group Ali Hussam Asghar and President Progressive Group Khalid Usman held a press conference with their respective leaders at PIAF Head Office here today.
In a large gathering which was attended by a large number of business representatives from across the city and the members of the PIAF posed their confidence for the Anjum Nisar group, assuring him of full support in the upcoming election of the LCCI. The leaders of the three parties announced that we will work together to end the traditional politics and drawing room culture in the Lahore Chamber, to solve the problems of the business community. They said that Lahore Chamber will be made a strong fortress of the business community. And in the elections to be held on September 23 and 24, the joint best candidates will be fielded by this group, the revealed in the press conference.
PIAF Chairman Faheemur Rehman Saigol said that the Pakistan Industrial and Traders Associations Front (Anjum Nisar group) continued to secure more support as traders and several more associations have announced to back the PPPA in the LCCI upcoming elections of 2024. The PIAF leadership also nominated their more expected candidates for Lahore Chamber Election 2024.
Speaking on the occasion, PIAF patron-in-chief Mian Anjum Nisar said that PIAF new Alliance always raised its voice for early solution of various issues being faced by the business community. He said Alliance would continue its efforts. Various trade bodies newly-elected office-bearers paid rich tributes to the PIAF leadership in general and Mian Anjum Nisar in particular. They said that alliance has honoured the traders by giving representation to their leadership in LCCI polls.
Fahimur Rehman Saigol said that the service of traders from the platform of PIAF has been going on for the past 52 years and the presence of a large number of traders and industrialists in every event is the proof in this regard. It shows that PIAF is not just a show but a name of service to the business community and the voters of Lahore Chamber make the Alliance successful– thanks to the performance of PIAF.
He said that PIAF has an excellent record of 22 years of service to the business community because PIAF brings qualified and working people to Lahore to advocate for the business community.
He advocated for the policy rate to be reduced to a single-digit figure to alleviate the financial burden on the business community and stimulate economic activity.
Anjum Nisar highlighted that the tight monetary policy, combined with the government’s significant domestic borrowing, has left minimal room for business growth.
He stressed the urgent need for the government to freeze both domestic and foreign borrowing and to devise a comprehensive strategy to showcase Pakistan’s economic potential to international investors.
On this occasion, he condemned the central bank, stating the policy rate should be further reduced. In the budget, relief should be given to exports so that exports can be increased. In the last one month, only 3.5 billion dollars of remittances have come, which can be increased further.
