Published On: Sat, Apr 20th, 2019
Published in Category: Business / Karachi

Business community welcomes Hafeez Sheikh’s appointment as Advisor to PM

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Karachi : President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Engineer Daroo Khan Achakzai, has extended his heartiest felicitation to Dr. Abdul Hafeez Shaikh on his appointment as Advisor to the Prime Minister on Finance .


The FPCCI’s chief said that Dr. Hafeez Sheikh deserves by virtue of his long and versatile experience of serving the country on  various slots including finance minister, minister for privatization and investment  as well as provincial finance minister of Sindh.


He said that Dr. Abdul Hafeez Shaikh is a distinguished economist who remained affiliated with the World Bank during his career and possesses a vast experience of dealing with multilateral creditors such as IMF, World Bank, Asian Development Bank etc., and as such is well versed with Pakistan’s financial issues and economy.


The FPCCI Chief hoped that under his ministership the country would steer out of the multi-faceted instant financial challenges being confronted by it such as balance of payment; fiscal and debt sustainability, better management of public sector entities; reforms of transparency; eliminate the menace of corruption; ease of doing business; arrest of rupee slide; reform tax administration; revive manufacturing sector; enhance access to finance etc.


The FPCCI President was optimistic that during the tenure of Dr. Abdul Hafeez Shaikh, Advisor to the Prime Minister on Finance, the coordination between the FPCCI – an apex body of trade & industry – and Ministry of Finance would be further strengthened for the benefit of both the stakeholders viz business community and the government.

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