Military can’t remain indifferent to deteriorating economic situation: FPCCI - Best Friend Zone

Military can’t remain indifferent to deteriorating economic situation: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Chairman Coordination Malik Sohail Hussain on Saturday said army was the guardian of our ideological and geographical frontiers and whole nation acknowledged its services and sacrifices. The army cannot remain unconcerned to the deteriorating situation while tirade against the institution would not only result in more instability but also damage the country’s image, he said

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Malik Sohail, also the United Business Group (UBG) of the Apex Chamber Chief Coordinator, said the safe recovery of the foreign nationals was a great achievement for the army and spy agencies which had changed the belligerent attitude of the US, that would help reduce the problems for Pakistan.
He said the dialogue of army chief with the business community had infused confidence in the investors while the statement of Inter-Services Public Relations Director General was based on facts. Dozens of national and international institutions continue to comment on the state of Pakistan’s economy, therefore, the institution responsible for the national security can also comment on the economy which should be taken positively, he added.
The business leader said that China-Pakistan Economic Corridor (CPEC) projects were being completed in time, despite the opposition by various countries, for which credit goes to the armed forces. The government and army was on the same page on the economic corridor, therefore, they should be on the same page on the economy otherwise country would face problems, he added.
Sohail said Pakistan was a country with limited resources and countless enemies which necessitated sound defence, for which a sound economy was imperative, therefore the concern of army was not unsubstantiated.
Malik Sohail, the focal person for the seminar in which the COAS Bajwa’s speech had attracted criticism from certain quarters, said top economists and business leaders of the country were present at the event and agreed with Bajwa.
Meanwhile, FPCCI Vice President Sajjad Sarwar, former president FPCCI Zubair Malik, former VP Hameed Akhtar Chadda, President Chambers of Small Traders Gilgit-Baltistan Qurban Ali Khan and President Chambers of Small Traders Faisalabad Mian Zafar said a weak economy could never guarantee sovereignty, otherwise the Soviet Union would not had dismembered. Therefore, the government should not waste time on petty issues and focus on correcting the direction of the economy so that grave threats to the economy were subsided and masses could get some relief, they said.