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Govt to provide maximum relief to businesses in upcoming budget: Hafeez Shaikh

ISLAMABAD: counselor to the Prime Minister on economics and income Dr. Abdul Hafeez Shaikh on Wednesday said that upcoming financial plan was creature designed in a way to afford maximum break and incentives to the businesses and support trade by reducing tariff on a large number of items of raw material. Dialogue during a practical discussion with the office-bearers and members of the US-Pakistan Business Council here at the Finance Division, Hafeez Shaikh said that the business atmosphere in Pakistan facilitated by a greater easiness of doing business, improved regulations and huge market potential, was ideal for investment and joint ventures by the US businessmen.


He said that the government had freshly announced a Rs 1.2 trillion incentive package that included direct cash transfers, payment of tax refunds, subsidized credits and payroll loans, to shore up the economy and boost businesses.


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