Renowned businessman Mian Akram Farid elected as EFP capital chief

EFP will struggle for provide.skills to youth. Mian Akram Farid

ISLAMABAD : Jan 3, 2023: Mian Akram Farid was elected as Capital Chief of Employers Federation of Pakistan with a heavy mandate in the election and annual general body meeting of Employers Federation of Pakistan (EFP) 2023-25 held in Karachi.

EFP outgoing president Ismail Sattar and newly elected president Zaki Ahmed Khan, vice president Fasial Karim Siddiqui and newly elected board members congratulated Mian Akram Farid on the great success in the coalition and the Employers’ Federation of Appreciated for their services to Pakistan and Employers – Newly elected Board of Directors of Employers Federation of Pakistan elected Zaki Ahmad Khan as President, Fasiul Karim Siddiqui as Vice President, 18 out of 30 candidates were elected as members of the Board of Directors and Elected unopposed from two Chamber and Association category- New Board Ismail Sattar, Zaki Ahmad Khan, Majeed Aziz, Mian Akram Farid, Malik Tahir Javed, Faseeh Al Karim Siddiqui, Asif Zubairi, Mohsin Tabani, Sharon Dias, Mahnaz Kludi, Yousuf Mirza. , Feroze Alam, Humayun Nazir, Khalid Junejo, Athar Iqbal, Naila N Consists of Qavi, Sadaf Hataf, Athar Iqbal, Khalid Zaman Khan and Hasnain Mazhar. Mian Akram Farid is currently Senior Vice Chairman All Pakistan Hotels Association, Chairman Skill Development Council Islamabad, President Hotels and Motels Association Islamabad. He has been associated with Islamabad since 1984.

Before that, he has also served as Vice President and In-charge Capital Office Federation of Pakistan Chamber of Commerce and Industry and President Islamabad Chamber of Commerce and Industry. Addressing the meeting, the newly elected Chief Capital Office M. Akram Farid said that the outgoing President Ismail Sattar and his team paid tribute –

Newly elected Chief Capital Office Employers Federation of Pakistan M. Akram Farid said that his organization Employers Federation of Pakistan (EFP) has given many projects for the betterment of employers and workers. He said that the main part of our population consists of youth, they are getting frustrated due to lack of jobs. Employers Federation of Pakistan has given several suggestions to the government about their employment. And have also taken self-implementation measures, he said that by getting the services of women, they can get their unique position in the world, the government should start various training programs for the young generation according to the needs of the industry and CPEC so that the industry needs. The government should take emergency measures to facilitate business. Weak measures in the past have led to economic problems today. Countries develop with the strengthening of institutions. . In the past, the subcontinent has been on the rise in terms of GDP. Research is the backbone of the country’s development.

Development is possible by empowering women in the society. Quality is very important for business development. Global distribution of wealth is not equal. Cost of doing business in Pakistan has been increasing continuously in last 5 years. With such high policy rate, business borrowing will be discouraged and Due to this, business activities may slow down. EFP has always advocated for reducing the cost of doing business in Pakistan, providing a healthy and conducive environment. Provide a favorable environment for This will have a negative impact on the economic activities in the country as it will be difficult for businesses to meet their financial needs, so the State Bank should consider a policy where businesses are not discouraged from taking loans and therefore He further said that inflation is a global problem at present. The Employers Federation stands strongly with the employers of Pakistan in demanding a better and favorable business environment. At a time when business is still affected by the Corona pandemic. In efforts to recover from the effects of the disease, unemployment will increase. Chairman EFP (Capital Office) urged the State Bank to help Pakistan’s businesses in this difficult

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