UBG leaders

Strong criticism of UBG leaders for maintaining interest rate at 22 percent

Karachi , January 30, 2024: The industrial sector has criticized the central bank for maintaining the policy rate at 22 percent, saying it is unaffordable for industries and will lead to closures and new investment. Representatives of the United Business Group(UBG) expressed disappointment, saying they had expected some cuts, which would have helped the industry…

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Ministry of interior

Assigning Gohar Ejaz portfolio of Ministry of interior is a positive decision

Karachi , January 25, 2024 : President of United Business Group (UBG) and former president of FPCCI, Zubair Tufail has congratulated the Caretaker Federal Minister for Commerce and Industry Gohra Ejaz for taking over the portfolio of Federal Ministry of Interior. Zubair Tufail said that in the current situation, when there are few days left…

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Federal Board of Revenue (FBR)

FPCCI must be onboard in FBR reforms

Karachi, January 24, 2024: President of United Business Group (UBG) and former president of FPCCI, Zubair Tufail, on behalf of the supervisory federal cabinet, decided to establish an inter-ministerial committee for reforms in the Federal Board of Revenue (FBR). While appreciating, said that the establishment of the committee will facilitate FBR restructuring, the representation of…

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