{"id":59797,"date":"2020-01-14T17:31:14","date_gmt":"2020-01-14T12:31:14","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59797"},"modified":"2020-01-14T17:54:44","modified_gmt":"2020-01-14T12:54:44","slug":"pm-promises-relief-to-traders-subject-to-economic-improvement","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-promises-relief-to-traders-subject-to-economic-improvement.html","title":{"rendered":"PM promises relief to traders subject to economic improvement"},"content":{"rendered":"<p>Islamabad: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday held a meeting with (PM) Imran Khan wherein it requested relief with regard to the government&#8217;s economic policies \u2014 specifically seeking the withdrawal of the CNIC condition (which requires traders to show their ID cards to registered retailers for purchases of PKR 50,000 or more), a news source reported. In response, the premier promised the government&#8217;s support on this front once nationwide economic stability was achieved.<\/p>\n<p><strong>Read:<\/strong>\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pm-to-meet-traders-on-jan-20-announce-concessions-zaidi.html\" target=\"_blank\" rel=\"noopener noreferrer\">PM to meet traders on Jan 20; announce concessions: Zaidi<\/a><\/p>\n<p>During the meeting, the FPCCI office-bearers requested PM Khan to abolish the CNIC condition for the purchase of items exceeding PKR 50,000, cut energy prices, and reduce interest rates.<\/p>\n<p>FPCCI President Mian Anjum Nisar, during a press briefing, stated that the capacity of industrial units might not function above their current operational capacity (at 40%) if they did not get immediate relief.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-notifies-ordinance-on-tax-concessions-to-traders.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt notifies ordinance on tax concessions to traders<\/a><\/p>\n<p>PM Imran Khan, during his talks with the <a href=\"https:\/\/www.zameen.com\/news\/fpcci-urges-sbp-develop-mechanism-facilitate-direct-paypal-access.html\" target=\"_blank\" rel=\"noopener noreferrer\">FPCCI <\/a>delegation, maintained a position in line with the advice of the State Bank of Pakistan (SBP); which, in its first quarter report (published on January 6) for the period July-September 2019, had recommended continuation of the economic adjustment process and adherence to strict fiscal policies.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-to-announce-market-committees-for-traders.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR to announce market committees for traders<\/a><\/p>\n<p>In pursuance of the requirements communicated by the International Monetary Fund (IMF) programme, the federal government has introduced measures in its efforts to achieve macroeconomic stability; which \u2013 according to various national and international credit-rating agencies \u2013 is already becoming visible in the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday held a meeting with (PM) Imran Khan wherein it requested relief with regard to the government&#8217;s economic policies \u2014 specifically seeking the withdrawal of the CNIC condition (which requires traders to show their ID cards to registered retailers for purchases of PKR 50,000 or more), a news source reported. In response, the premier promised the government&#8217;s support on this front once nationwide economic stability was achieved. Read:\u00a0PM to meet traders on Jan 20; announce concessions: Zaidi During the meeting, the FPCCI office-bearers requested PM Khan to abolish the CNIC condition for the purchase of items exceeding PKR 50,000, cut energy prices, and reduce interest rates. FPCCI President Mian Anjum Nisar, during a press briefing, stated that the capacity of industrial units might not function above their current operational capacity (at 40%) if they did not get immediate relief. Read:\u00a0Govt notifies ordinance on tax concessions to traders PM Imran Khan, during his talks with the FPCCI delegation, maintained a position in line with the advice of the State Bank of Pakistan (SBP); which, in its first quarter report (published on January 6) for the period&hellip;<\/p>\n","protected":false},"author":76,"featured_media":44055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14983],"persona":[],"class_list":{"0":"post-59797","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-pm-promises-relief-to-traders-subject-to-economic-improvement"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM promises relief to traders subject to economic improvement - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday held a meeting with (PM) Imran Khan wherein it\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-promises-relief-to-traders-subject-to-economic-improvement.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM promises relief to traders subject to economic improvement - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday held a meeting with (PM) Imran Khan wherein it\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-promises-relief-to-traders-subject-to-economic-improvement.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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