KP advisor seeks financial revival of SIDB

District


PESHAWAR:Member of the Khyber Pakhtunkhwa Advisory Council for Industries, Commerce and Technical Education Muhammad Irshad on Monday directed officials to prepare a practical plan to improve the financial health and business performance of the Small Industries Development Board (SIDB).



During a visit to the board’s office, he called for identifying new income-generating opportunities and utilizing available resources more effectively to put the institution on a sustainable financial footing.



The board’s Managing Director briefed him on its administrative affairs, performance and financial challenges.



Dr Muhammad Irshad directed the authorities to convene a meeting next week to discuss business development and financial stability.



He also called for an annual schedule of board meetings to ensure regular reviews of institutional affairs and timely implementation of decisions.



He said the board needed concrete measures to expand its business activities, strengthen financial management and address its long-standing challenges.



Irshad also met representatives of the employees’ union and listened to their concerns. He assured them that their legitimate issues would be taken up with the relevant authorities.



He stressed that government employees must perform their duties impartially, uphold professional integrity and prioritize public service without yielding to political pressure.



He said he would remain in contact with the concerned authorities to improve the board’s performance and resolve its administrative and financial problems.