• PM adviser Haroon Akhtar says Washington will be engaged to minimise tariff impact on exports
• Industrial policy and bankruptcy law will be introduced soon

KARACHI: Haroon Akhtar Khan has said a firewall will be created to protect the corporate sector from undue harassment from agencies like NAB, FIA and FBR. Additionally, a new bankruptcy law will be introduced soon, along with a comprehensive industrial policy.

Speaking at the Karachi Chamber of Commerce and Industry (KCCI) on Saturday, the Special Assistant to Prime Minister (SAPM) for Industries and Production Division said the firewall would require any investigation into corporate entities to be vetted first by SECP, SBP, FPCCI and KCCI.

“We want to prevent arbitrary action against legitimate businesses. This firewall is not meant to protect wrongdoers but to ensure that honest entrepreneurs are not harassed,” he asserted.

He revealed that for the first time, Pakistan will have a comprehensive industrial policy, adding that an internationally reputed consultant has been hired to assist in formulating this policy, ensuring it meets global standards and is tailored to Pakistan’s economic context.

Mr Haroon........

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