UBG may face defeat in the FPCCI elections: PEW

The Pakistan Economy Watch (PEW) on Sunday said the United Business Group (UBG) is not prepared for the upcoming elections of FPCCI.
UBG leaders used to launch election campaign four months before the elections but it has not launched an effective campaign for the elections scheduled in December, it said.
Reasons behind the delay in the campaign is said to be the recent defeat of UBG in the elections of Karachi Chamber of Commerce and other disappointments, said Dr. Murtaza Mughal, President PEW.
He said that the patron of the group SM Muneer used to call former prime minister Nawaz Sharif his hero but the PM fired him from TDAP for dwindling exports which shocked many.
Murtaza Mughal said that SM Muneer also tried to become governor of Sindh in caretaker setup but failed while all the important leaders also failed to secure any slot in the interim government.
After the election of PTI into power, SM Muneer tried to get a position in the government but was politely denied and the group was also ignored in the recently formed Business Leaders Council, he added.
However, a central leader of the Businessmen Panel was given an important ministry in the caretaker setup in Punjab.
Murtaza Mughal said that all these developments have dented the morale of the leaders and supporters of the UBG which is reflecting in their attitude.
He said that the dejection in the UBG may help the Businessmen Panel in the forthcoming elections of the Apex Chamber and the business community may see a profound change.
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In: UncategorizedAuthor: pakistaneconomywatch