| Atif Ikram Sheikh

Atif Ikram Sheikh

  • Irresponsible borrowing damaged economy

    Islamabad, January 16, 2023 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Saturday said almost all the governments of the past borrowed irresponsibly and most of the loans were wasted for political interests instead of ensuring the country’s development. Now it has become impossible for Pakistan to repay the loans and the option of…

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  • PM’s resolve to meet IMF conditionalities lauded

    Islamabad, January 09, 2023 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Sunday lauded the resolve of Prime Minister Shahbaz Sharif to meet International Monetary Fund (IMF) conditionalities. Prime Minister has expressed resolve to complete the terms of the IMF Extended Fund Facility programme which is a step in the right direction as it…

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  • Economic revival is no obligation of friendly countries

    Islamabad, December 26, 2022 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh said saving the sinking economy of Pakistan is not an obligation for international institutions and friendly countries but the responsibility of our leaders. Vague economic policies are resulting in nervousness among the investors which is damaging to the economy therefore Government should take…

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  • Reduced remittances to have devastating effects on economy

    Islamabad, December 19, 2022 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Sunday said decreased remittances from Pakistanis living abroad is disturbing and it can have disastrous effects on the country’s economy. A strategy should be made to deal with this problem as the country is already facing falling exports and declining investment, he…

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  • Business leader calls for improved tax mechanism

    Islamabad, December 12, 2022 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Sunday said tax mechanism should be improved to realise the full potential of taxes without which country cannot survive anymore. He said that tax evasion is resulting in unrest, inflation, poverty, unemployment and illiteracy in the country which should not be allowed….

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  • Concern expressed over decline in forex reserves

    Islamabad, December 05, 2022 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Friday expressed concern over decreasing foreign exchange reserves. The export, remittance, and investment situation is also worrying calling for urgent measures to stabilize the economy to prevent further weakening of the rupee, he said. Talking to businessmen, he said that full focus…

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  • Share of manufacturing in GDP waning rapidly

    Islamabad, November 28, 2022 (PPI-OT):Former Vice President of FPCCI Atif Ikram Sheikh on Sunday said the share of manufacturing in the GDP is declining which is creating serious problems. The country cannot progress unless manufacturing is given top priority, he said. Atif Ikram Sheikh said that a large portion of capital is going to non-productive…

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