On Wednesday, Prime Minister Imran Khan said that the government will extend maximum facilitation to exporters to increase the exports of Pakistan.
Exporters will be given high assistance in order to increase the exports of Pakistan as Prime Minister pledged that the government is committed to extending all possible facilitation for them. While talking to a delegation of leading exporters from poultry, rice, fruits, information technology, pharmaceuticals, and textile sectors, Mr. Khan emphasized the need for a greater focus that aimed at increasing the services-related exports.
He further said that exports play an essential role in employment opportunities and creating jobs for the youth of the country. He added that the economy of Pakistan is improving and heading in the right direction with a current account surplus recorded in July 2020 and growth in exports despite the global economic slump caused by the Covid-19 pandemic.
Besides extending maximum facilitation to exporters, Prime Minister Imran Khan also made highlighted that promoting the process of industrialization in Pakistan and for making the products of Pakistan modest in the global market, the government has either reduced or eliminated duties on hundreds of tariff lines that are involved in raw material for local industry. He added that the system of refunds have been modernized, “The system of refunds has been streamlined to resolve liquidity issues of the exporters and the industrialists”.
“The government is vigorously pursuing ‘Make in Pakistan’ policy, to promote export-led industrialization in the country and our efforts in the last two years have been to further this objective through various interventions particularly in ease-of-doing-business,” he said.
He also stressed that the momentum of an increase in exports can only be maintained by increasing the focus on products and geographical divergence.
Minister for Industries Mohammad Hammad Azhar, Finance Adviser Dr Abdul Hafeez Sheikh, Adviser on Commerce and Investment Abdul Razak Dawood were present.