RCCI’s 16th APCPC on May 15

RCCI’s 16th APCPC on May 15


Rawalpindi: The 16th All Pakistan Chambers Presidents’ Conference organized by Rawalpindi Chamber of Commerce and Industry (RCCI) will begin on May 15 at a local hotel in Islamabad.

Rawalpindi Chamber of Commerce President Chamber Saqib Rafiq and Group Leader Sohail Altaf have said in a joint statement that the aim of the Chamber Presidents Conference was to The purpose of the conference was to formulate the business community’s perspective on current economic challenges including restoring the confidence of the business community, discuss budget proposals, key economic indicators and facilitation under Special Investment Council. The main objective of the conference is to gather feedback and recommendations from key stakeholders of the business community and present it to the government, they added.

President Saqib Rafiq said that the Special Investment Council (SIFC) is playing an important role in economic improvement and confidence restoration.

Group leader Sohail Altaf said that the biggest issue in the current economic challenge is to restore confidence, it is very important to restore the confidence of local and foreign investors.

Saqib Rafiq said that in the two-day conference, the presidents of the chambers from all provinces, Kashmir, Gilgit-Baltistan including women and small chambers are also participating in the conference. The agenda has been shared with all the presidents, the main agenda items include the annual budget, devaluation of the rupee, increase in cost of production, petroleum products, electricity and gas prices, alternative sources of energy, solar installation, federal and provincial taxes, Tajir Dost scheme, broadening the tax net and privatization of State owned enterprises.

  The joint declaration of the conference will be issued at the concluding session on May 16.