Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce & Industry (ICCI) said that due to lockdown triggered by Covid-19 pandemic, the business of SMEs have suffered massive losses and called upon the government to announce urgent relief package for them to save these businesses from complete collapse. He said that SMEs were closed for the last over one month, but government has not announced any relief package for them so far due to which business community of this sector was feeling insecure. Muhammad Ahmed Waheed said that under the relief package, government should defer commercial utility bills of SMEs and allow them to pay these bills in equal instalments. He said that relief package should also defer bank loans with interest of SMEs for next six months so that these businesses could be able to revive business activities. He further said that government should also defer or withdraw MDI charges from the electricity bills of SMEs for the time period these businesses remained closed. He said that steel industry was operating in KPK, but was not allowed to open in Islamabad which is discriminatory and stressed that this imbalance should be removed. ICCI President said that the findings of inquiry commission report on IPPs have revealed great irregularities due to which our economy suffered huge losses. He emphasized that government should order for forensic audit of IPPs and if any recovery is made from them, its amount should be adjusted in the bills of commercial and domestic consumers to provide them relief. He said that the issue of IPPs was a very complicated one and government should make sure to settle this issue through dialogue with them instead of setting their disputes to reach international court. He said that profits of IPPs should be paid in rupee instead of dollar. He said that circular debt of the country has exceeded Rs.1.9 trillion, which was posing many dangers to the economy. He urged that government should settle this debt on permanent basis that would reduce the energy cost leading to multiple benefits for the economy including generation of cheap energy, lower cost of doing business, investment promotion, better growth of business and industrial activities and creation of more jobs in the country.