Economics & Business

CJ decision to help restore confidence of investors

Islamabad: The Pakistan Economy Watch (PEW) on Monday said restoration of chief justice and other deposed judges would rejuvenate confidence of investors and boost economic activities. “Decision of political and military leadership has not only saved country from a big crisis but also diffused a highly volatile situation very skilfully,” said Dr. Murtaza Mughal President of PEW.

Talking to Vice President of National Traders Alliance Malik Sohail Hussain and other business leaders, he said that ending confrontation with the opposition is a step that has been welcomed by business community and all other forums. He said that unreasonable delay in reinstatement of judges has dented the reputation of rulers as well as economy of Pakistan. “Government has restored judges but could not get the credit for it due to delayed decision,” said Dr. Mughal.

“The decision will support economy and push the confidence of financial markets as well as investors,” he said adding that the development will reflect positively on the reputation of Pakistan. At the occasion, Malik Sohail Hussain said that traders were very concerned about the unstable political situation and a number of factors had divided them.

We were extremely concerned about the future of country but now the trading community is comfortable to some extent. He said that now the trading community would play role in development of country with peace of mind.

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Mian Ahsan Liaqat

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