[Ferro-Alloys.com] Business Recorder reported that Pakistan’s All Iron Steel Merchants Association has called for tax relief measures to safeguard the interests of the business community in the wake of the coronavirus pandemic. President AISMA Hammad Poonawala said “Pakistan, which has already experienced low growth rates in recent years, cannot escape recession and the lockdown has resulted in complete closure of business for the last three weeks. In these tough times, there is a need to take some tax structural reforms and measures to protect the businesses, particularly the SMEs. Steel and cement industry has been completely ignored in the relief package for the construction industry. Ignoring steel industry will definitely hamper obtaining desired results from the relief package for the construction industry.”

He said that on behalf of AISMA, Chairman of Import Committee Sadiq Gogan has already submitted several suggestions to the Prime Minister of Pakistan, Finance Advisor and Governor State Bank for the revival of business activities. (BUSINESS RECORDER)

• [Editor:kangmingfei]