{
  "id": 9550331,
  "title": "Business leaders call for reforms to revive Karachi’s economy",
  "url": "https://urgent.news/2026/09/24/business-leaders-call-for-reforms-to-revive-karachis-economy",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T11:31:34.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441048/business-leaders-call-for-reforms-to-revive-karachis-economy"
  },
  "original_language": "en",
  "account": "Business and opinion leaders have called for comprehensive reforms to revive Karachi's economy. Abdul Rehman Fudda, President of the Site Association of Industry, emphasized that all issues must be addressed through coordinated efforts at the national, provincial, and local levels. He stressed the need for a friendly business environment, including affordable energy costs and lower corporate tax rates, as well as improved infrastructure, controlled law and order, and reliable water supply. Fudda also advocated for giving industrial zones a stronger voice through designated development and management companies. Dr. Muhammad Farooq Afzal, an industrialist, highlighted that Karachi must have reliable infrastructure and an enabling environment to remain competitive, and stressed the importance of adequate funding for essential infrastructure from development funds. Eminent industrialist Dr. Afzal called for uninterrupted and competitively priced electricity and gas, efficient port connectivity, and stronger support for exports and investment. Opinion leader Sardar Abdul Rahim, of the Pakistan Muslim League-Functional (PML-F), urged for the elimination of corruption, strengthening the local government system, and providing quality education to boost the Karachi economy. He also emphasized the need for a stronger city administration, improved traffic enforcement, and digitized land records to combat illegal occupation and curb street crime.",
  "summary": "Business and opinion leaders have called for reviving Karachi’s economy by strengthening the local government system, revamping road infrastructure, lowering energy costs, easing tax burden, resolving civic issues, cracking down on street criminals and introducing mandatory reforms aimed at boosting the economy. Leading exporter and Site Association of Industry (SAI) President Abdul Rehman Fudda…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}