Investors Urge Govt to Avoid ‘Anti-Business’ Actions

The local business community has warned that economic stability cannot be achieved if the government continues what they describe as “anti-business” actions. They stressed that while the government must meet tax targets and enhance revenue, this should not come at the expense of businesses and trade, as damaging the private sector would ultimately harm the economy, a national daily reported. Business leaders emphasized the need for collective decision-making through proper consultations and mutual consensus to ensure economic growth and protect the interests of traders. They specifically pointed to a recent government action against a restaurant, calling it a discouraging signal for investors and businesses. Fazal Moqeem, president of the Sarhad Chamber of Commerce and Industry, stated that the government must adopt a collaborative approach and keep private stakeholders informed if any action is deemed unlawful. He urged authorities to take the business community into confidence to maintain economic activity and stability.