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Pre-Budget recommendations from PRGMA

12 May '08
3 min read

Unfortunately last five years all FDI came in the services sectors (Banking, Telecom & Oil & Gas) and no major investment in the field of manufacturing was observed, thus creating high unemployment and law & order situation in the urban areas.

Situation requires war like action to address the above issues without making committees and deciding issues across the table.

PRGMEA proposals to take above as well as any other nature to ease the miseries of law and middle income group, who are at present grinded and crushed with high inflation in different sectors, are beyond their reach.

It is tragic to read in the news papers or media that daily poor peoples are suiciding because of financial crises or mental worries. If we all do not address these social problems, our society is bound to collapse.

Finally, we believe the importance of “Macroeconomic Performance” however, we cannot ignore the “Microeconomic Issues”.

In the formulation of Federal Budget Proposals, we adopted an approach to Macroeconomic targets through micro level achievements.

Through our policies we have to expand SME's across the country which will also be source of employment generation.

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