Export package: Dar urges exporters to fully exploit incentives

Minister says benefits will be available to exporters achieving increase of 10%

ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Thursday urged exporters to make all efforts to benefit from the incentive package announced by the Prime Minister on Wednesday.

Talking to Federation of Pakistan Chambers of Commerce and Industries (FPCCI) President Zubair Tufail who called on him here, the minister said it was the largest export incentive package in Pakistan’s history.

He urged the exporters to show results by boosting exports which the government aimed for and the country’s economy direly needed.

The finance minister highlighted that under the package, the incentives for FY2017-18 would be available to those exporters who would achieve an increase of 10% in their exports as compared to their exports for FY2016-17.



According to Dar, this would ensure that the benefits of the package were only availed by those exporters who show results.

He emphasised that the announcement of this package by the prime minister demonstrated the government’s strong commitment to achieve higher, sustainable and inclusive export-led growth.

Dar expressed confidence that the package would serve as a catalyst for exports and would provide a major boost to economic growth.

Earlier, FPCCI president thanked the finance minister for his tireless efforts in finalising the prime minister’s package of incentives for exporters.

He said the business community was happy with the package as it provides them a level playing field to compete with other exporters in the region.

Tufail expressed appreciation for the pro-business policies of the PML-N government.

Published in The Express Tribune, January 13^th, 2017.

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