Business Community demands bailout package for businesses to combat impact of Covid-19 pandemic

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday urged the government for announcing a bailout package for businesses to combat the impact of Covid-19 pandemic.

They urged the government to realize that when businesses would be closed, how would they pay rents and salaries to employees.

He called upon the government to consider announcing a bailout package for businesses in order to enable them to combat the impact of 3rd wave of Covid-19 pandemic without suffering more financial losses.

Sardar Yasir Ilyas Khan, President, ICCI said that due to the rise in the 3rd wave of coronavirus, the government has started to put restrictions on businesses like banning all indoor and outdoor wedding functions from 1st April, keeping businesses closed for two days in a week and limiting timings for business activities, however, these measures would result into great losses for businesses besides rendering thousands of people jobless.