At the International Chambers Summit 2023, the 54 business bodies from Pakistan’s Chambers of Commerce and Industry agreed to boycott the upcoming general elections if charter is not signed by all concerned political parties. The summit was organized by the Rawalpindi Chamber of Commerce and Industry where the business community also conveyed their concerns to the President Arif Alvi.
They said, “Right now, the country needs a charter of economy more than ever. If all the political parties do not sign a charter of economy before the elections, the business community, which is also an economic party, is going to boycott the general elections.”
President Alvi replied, “We are going through hard times and all stakeholders, including the general public, business community and all segments of society, should play a positive role so that together we can come out of this time of difficulty.”
He further added, “The businesspeople of the country must set goals and directions in order to achieve the financial objectives of enterprises for economic prosperity, in addition to playing their respective roles in ensuring that these businesses dispense their responsibilities towards society.”
Pakistan’s economy is in a grave condition right now and immediate measures need to be taken in order to keep the businesses running.
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