National News

Politic of confrontation hampering economic growth:Trade leaders

ISLAMABAD, Oct 31 (APP): Various leading trade leaders of the business community on Monday strongly criticizing the politics of violence of Pakistan Tehreek-e-Insaf (PTI) said that the politics of chaos, confrontation and agitation was causing irreparable loss to national economy, besides hampering economic growth in addition to, the erosion of confidence, the muddying of the Pakistan narrative for foreign and domestic investors. Chairman United Business Group and SAARC Chamber of Commerce and Industry Vice President, Iftikhar Ali Malaik in a press statement issued here today said the country has faced loss of about Rs80 billion so far since inception of recent protests. He said the country has been passing through a critical phase since its inception and it was the need of the hour that economy and democracy ought to be strengthened on top priority for its survival.