Ahsan stresses need for increasing exports

Planning and Development Minister for increasing tax-to-GDP ratio

Minister for Planning and Development Ahsan Iqbal has stressed the need to increase exports of the country by utilising all available resources.

Addressing a news conference in Narowal on Sunday, he said five main fields of economy including agriculture, IT, manpower, minerals and industries can play a vital role in increase of exports and to deal with the economic crisis.

The planning minister said Pakistan has the lowest GDP growth rate in the region and by paying special attention to SMEs we can achieve the set target.

We must increase the tax-to-GDP ratio for self-sufficiency, he said, urging the nation to adopt the tax culture for the development of the country.

Iqbal said Pakistan is now on the right track after its agreement with the IMF and that the stand by arrangement would be helpful in the economic turnaround of the country.

He regretted that the PTI tried to sabotage the IMF’s agreement with Pakistan but could not succeed.