ISLAMABAD: The National Coordination Committee presided over by Prime Minister Imran Khan has decided that businesses would remain closed for two days only on weekend and would remain opened during five weekdays.
The NCC meeting held in Islamabad had taken several key decisions including deciding business hours during lockdown period as well. The forum decided that businesses will be allowed between 6:00 am to 7:00 pm. The Pakistan Railways has been allowed to run 40 trains to accommodate people stranded in other cities.
The process of repatriation of Pakistani people stranded abroad, specially labourers, should be expedited. The NCC meeting said that a balance should be maintained between economy and prevention from the viral disease. The meeting decided that some of the sectors would remain closed to contain spread of COVID-19, while the provincial and federal governments have developed consensus on implementation of SoPs for revival of business activities.
Prime Minister Imran Khan has directed to provide all possible incentives to the industries, and create jobs for the youth in the upcoming budget to move the wheels of economy.
Discussing the objectives and considerations for the forthcoming budget, he said the most affected sectors should be identified to provide them with maximum possible support.
The prime minister said the Corona pandemic had severely affected upward trajectory of economy towards stabilization and strengthening and the government, despite its financial constraints, provided unprecedented stimulus economic package to support businesses and industry and to minimize the impact of pandemic.
He said the present situation called for expediting reform process in critical sectors to reduce burden on national exchequer and provide relief to the masses.
Finance Adviser Dr. Abdul Hafeez Sheikh apprised the meeting about the overall state of economy besides objectives and considerations for the next budget.