More industrial groups, bodies make alliance with PIAF for LCCI polls

More industrial groups and trade bodies have announced their support for the PIAF in the upcoming LCCI elections, expressing full confidence of the leadership of Mian Anjum Nisar, rejecting all other so-called groups altogether.
In a large gathering, organized by Darugahwala Industry Owners Association and attended by a large number of business representatives from across the city and the members of the PIAF posed their confidence for the Anjum Nisar group, assuring him of full support in the upcoming election of the LCCI.
On the invitation of the former President of Darugahwala Industry Owners Association and Executive Member PIAF Shaban Akhtar, the whole leadership of PIAF, including Patron-in-Chief PIAF Mian Anjum Nisar, Chairman PIAF Fahimur Rehman Sehgal and other PIAF members attended that important meeting. Hundreds of members of Lahore Chamber, executive committee members of PIAF, members of Darugahwala Industry Owners Association and market presidents of adjacent areas participated in the ceremony.
Speaking at the ceremony, Mian Najam Nisar and Fahimur Rehman Saigol said that the service of traders from the platform of PIAF has been going on for the past 52 years and the presence of a large number of traders and industrialists in every event is the proof in this regard. It shows that PIAF is not just a show but a name of service to the business community and the voters of Lahore Chamber make the Alliance successful– thanks to the performance of PIAF Founders Alliance.
In this power show, in addition to dozens of association officials, PIAF Patron-in-Chief Mian Anjum Nisar, Chairman PIAF Fahimur Rahman, Mian Muhammad Ali, Rafat Malik, Abuzar Shad, Vice Chairman PIAF Nasrullah Mughal, Vice Chairman Tahir Manzoor Chaudhry, Senior Vice President Lahore Chamber Zafar Mehmood Chaudhry, Vice President Adnan Khalid Butt, Ghulam Sarwar Hajweri, Sheikh Tanveer, Khalid Khokhar, Sajjad Afzal Sheikh, Malik Nadeem, Malik Khalid, Sheikh Abdul Manan, Rana Nadim, Naeem Hanif, Malik Majeed, Shahid Baig, Shahbaz Aslam, Waqar Ali Patna and others participated.
PIAF Fahimur Rahman Saigol, addressing the meeting, said that PIAF has an excellent record of 22 years of service to the business community because PIAF brings qualified and working people to Lahore to advocate for the business community.
He advocated for the policy rate to be reduced to a single-digit figure to alleviate the financial burden on the business community and stimulate economic activity.
Anjum Nisar highlighted that the tight monetary policy, combined with the government’s significant domestic borrowing, has left minimal room for business growth.
He stressed the urgent need for the government to freeze both domestic and foreign borrowing and to devise a comprehensive strategy to showcase Pakistan’s economic potential to international investors.
On this occasion, he condemned the central bank, stating the policy rate should be further reduced. In the budget, relief should be given to exports so that exports can be increased. In the last one month, only 3.5 billion dollars of remittances have come, which can be increased further.