ISLAMABAD - President Asif Ali Zardari on Tuesday called upon the business community and leading entrepreneurs to come forward and recommend solid measures to the government to revive the economy, contain inflation and promote growth and employment generation in the country. He called upon the business community and entrepreneurs to prepare a Charter of Economy in consultation with all political parties to address the serious economic challenges facing the country in a non-partisan manner and with consensus and ensuring that the economic policies continued uninterrupted and were not reversed with change in the government. Zardari said that challenges were not uncommon and new, adding, that all countries had faced challenges. No outsiders can help us and resolve our problems, he said, adding, 'we have to help ourselves and find our own answers to meet the challenges facing the country. He expressed these views during an interactive session with the businessmen and entrepreneurs from all over the country here at the Aiwan-e-Sadr. Over 60 businessmen participated in the meeting that was also attended by Finance Minister Dr. Abdul Hafeez Sheikh, Commerce Minister Makhdoom Amin Fahim, Minister for Privatisation and Water and Power Syed Naveed Qamar, Adviser on Petroleum and Natural Resources Dr. Asim Hussain, Board of Investment Chairman Salim H Mandviwala, Federal Secretaries, representatives of chambers of commerce and high officials of the Ministry of Finance and other relevant Ministries. Briefing newsmen about the meeting, spokesperson to the President Farhatullah Babar said that the meeting was part of the brainstorming session with businessmen on the eve of budget making to ascertain the views and seek recommendations of entrepreneurs and businessmen. He said that the President while commenting on the challenges facing the country said that energy shortage, circular debt, taxation reforms, restructuring of public sector entities and documentation of the economy were among the critical issues of the countrys economy and asked the business community to help build consensus around these major economic challenges. 'The President said that the government inherited an ailing economy which suffered heavy toll due to war against extremism and militancy, and later the unprecedented floods, he said. The floods alone caused a loss of US $ 10 billion to the economy, the President said and ,added, that the government had taken the economic challenges head on and a plan for economic revival had been devised. Zardari said that the government was aiming to reducing non-development expenditure to cut expenses, reforming the power sector, restructuring the public sector enterprises, incentivize remittances and developing special programmes for poverty alleviation. The government firmly believes in taking all stakeholders including the business community of the country on board while framing policies of national importance, he said. The President while addressing the business-persons said that the business community was an invaluable asset of the country and any meaningful economic development was not possible without their enterprise, cooperation and contribution in the budget formulation exercise. The spokesperson said that the President urged the business community to come forward and avail the investment-friendly liberal incentives package of the government to revive and rebuild the war-ravaged economy and also encourage foreign investors to invest in Pakistan. He said that the lack of continuity in economic policies was also one of the important aspects in economic instability in the country, adding, the energy sector had suffered the most because of the thoughtless reversal of the energy policies of mid-1990s.