BoI chief says govt fails to address business community issues

According to Business Recorder, Qaiser Ahmed Shaikh, the federal minister for the Board of Investment, told a reception that Prime Minister Shehbaz Sharif had not resolved business community concerns in the two and a half years so far. He said he had repeatedly written to the premier asking for a meeting, and that he had also raised the issue of PPRA rule breaches at Port Qasim with him.

The reception was hosted on Sunday by the Businessmen Group (BMG), which unveiled 30 candidates for the Karachi Chamber of Commerce and Industry (KCCI) elections on Saturday, September 26. BMG chairman Zubair Motiwala said the candidates would press Karachi's case, arguing that the city still accounts for 55% of Pakistan's export earnings and 67% of tax revenue.

BMG vice chairman Anjum Nisar described the economy as declining, saying export earnings have barely moved over two decades, rising to $30 billion in FY26 from $26 billion some 18 years earlier. Office-bearers and committee members elected at the polls will serve terms of two years, covering 2026 to 2028.