Commerce Minister Jam Kamal Khan chaired a high-level meeting on Thursday to address pressing issues in Pakistan’s export and business sectors. Acting on PM Sharif’s directive, a high-level committee was formed to tackle challenges faced by the business sector.
Kamal stressed the need for effective decision-making by high-ranking officials. Expressing concern over the absence of key figures like the FBR chairman, SBP governor, and finance secretary, he emphasised their importance in future meetings.
Exporters and business representatives voiced concerns directed to relevant departments for immediate response, requiring feedback within 24 hours. Key issues addressed included liquidity challenges, high business costs, an expanded Export Facilitation Scheme, tax facilitation, industry status recognition, and better management of the Export Processing Zones Authority. The next meeting is scheduled for May 20.
Published in The Express Tribune, May 17th, 2024.
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