KARACHI
\nMian Nasser Hyatt Maggo, President FPCCI, has thanked the Governor of Sindh, Mr. Imran Ismail, for providing the august platform of the governor\u2019s house for the launch of research-based and data-driven publications that provide pragmatic solutions for Pakistan\u2019s economic woes in the spheres of monetary policy, anomalies in power-sector tariffs and potential of cryptocurrencies.
\nFPCCI President recalled that it was his vision from the very first day that he assumed the charge of FPCCI\u2019s presidency for the year 2021 to establish a professionally-managed economic research cell for which he worked hard towards it whole-heartedly despite all the impediments and divergent opinions.
\nMaggo extended his heartiest gratitude to the Chairman Policy Advisory Board Mohammad Younus Dagha for rendering his services and supervision of the Policy Advisory Board of FPCCI.
\nImran Ismail, honorable Governor of Sindh, appreciated the meticulous efforts and enormous energies that have gone into the publications and was forthcoming in accepting that the government needs more such indigenous research studies into finding the solutions to Pakistan\u2019s peculiar economic issues.
\nHe also expressed his interest to arrange a meeting of the Policy Advisory Board with PM Imran Khan and ensured his continuous engagement with the federation in bridging the gap between government and private sector.
\nMohammad Younus Dagha, former Federal Secretary and the current Chairman of Policy Advisory Board – FPCCI, apprised the audience with the key highlights of the studies. He added that due to the lack of integration of the real sector with the formal lending institutions, policy rates appear redundant in containing demand-pull inflation.
\nIn the context of cryptocurrencies, the Chairman further contended that Pakistani authorities should regulate and streamline these virtual assets for which the value for investment by Pakistanis has reached $20 billion before it lands in other more convenient countries. Regarding the prevailing cross-subsidization in the energy sector, the key takeaway was to avoid cross-subsidization at the cost of industrial and commercial sectors.
\nAther Sultan Chawla, VP FPCCI, thanked the board members for their pro bono services to the federation. He added that Governor Sindh has won the hearts and minds of the business community through his compassionate approach towards the economic issues of the province.<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI Mian Nasser Hyatt Maggo, President FPCCI, has thanked the Governor of Sindh, Mr. Imran Ismail, for providing the august platform of the governor\u2019s house for the launch of research-based and data-driven publications that provide pragmatic solutions for Pakistan\u2019s economic woes in the spheres of monetary policy, anomalies in power-sector tariffs and potential of cryptocurrencies. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-234481","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n