SLAMABAD: Representatives of the trade and industry on Monday blamed the government departments and the policy-makers for declining industrial production and exports.
Speaking at the 60th meeting of the Advisory Committee of the ministry of commerce heads of respective trade bodies and associations said that government departments were responsible for slowdown in the economy.
Power outages, high interest rates, attitude of customs officials both at import and export stage, uncooperative attitude of commercial councillors and policy-makers were factors listed by business leaders for depressing exports.
They said that frequent power breakdowns were causing production losses, while high mark-up rates had increased the cost of doing business making Pakistani products uncompetitive at the international level.
For more on this article, please click on the following link: Industrialists blame govt for declining exports: Dawn
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