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MULTAN, Jun 10 (APP):The business community has welcomed the federal budget 2025–26, with YES Group of Industries praising the government’s commitment to economic revival and industrial expansion.
The budget, presented by Finance Minister Muhammad Aurangzeb, outlines significant tax relief, infrastructure investments, and business facilitation measures aimed at stimulating private sector growth.
Talking to APP, Managing Director Yes Group of Industries, Ali Hassan Warraich, expressed his strong appreciation for the business-friendly measures introduced in the budget. “This was a progressive and pragmatic budget that reflects the government’s serious intent to empower the business community. From tax relief for the salaried class to incentives for manufacturers and exporters, these initiatives were exactly what the economy needs to regain momentum,” he said.
He highlighted specific initiatives such as the reduction in energy tariffs for industrial units, reforms in tax administration and digitization of the tax system as “game-changers” for enhancing ease of doing business in the country.
“Simplifying tax processes and reducing operational costs through energy reforms will go a long way in restoring business confidence and attracting investment. These steps will not only support existing industries but also encourage new ventures across the country,” he added.
Ali Hassan also praised the government’s plan to invest in logistics, technology and vocational training programs to address workforce challenges, noting that these were critical for long-term competitiveness in the global market. He said that he believes that consistent policy implementation and continued public-private collaboration will be key to turning these budgetary promises into tangible economic progress.
With wide endorsement from industry leaders, the federal budget was being seen as a turning point in the government’s efforts to rebuild economic resilience and promote sustainable growth, he added.