Connect with us

Latest News

PM Shehbaz urges the creation of a plan to boost exports to $60 billion within five years.

Published

2 days ago

on

On Thursday, Prime Minister Shehbaz Sharif gave the task of creating a thorough and practical plan to boost the nation’s exports to $60 billion over the following five years.

Details indicate that he presided over a meeting with the goal of increasing economic development and national exports. The prime minister gave his economic staff instructions to change the tariff structure in a way that would be sustainable.

He emphasized that in order to facilitate conducting business, tariff rates should be lowered and the procedure should be made simpler.

Improving the productivity of the industrial sector through the implementation of strategic reforms in the tariff structure is a major component of the strategy.

In order to boost exports, PM Shehbaz also gave the IT, services, and agricultural sectors more attention.

The prime minister said in his speech that a key element of the “Udaan Pakistan” strategy is export-based economic growth.

In order to encourage the growth of export sectors, he also emphasized the necessity of reforming the governance structure of the Export Development Fund (EDF).

A briefing on the steps being taken to reach the goal of 60 billion dollars in exports over the next five years was provided during the meeting. According to reports, the upward trend was aided by the progressive reduction of tariff rates during the previous two years.

To encourage exports, the ministry of commerce held annual international fairs, and discussions with all interested parties are still going on over the 2025–30 Strategic Trade Policy Framework.

The prime minister was also informed about the National Compliance Center’s completion, which strives to bring Pakistani goods into compliance with international standards. By providing training and development programs, this center will be essential in boosting the export industries’ capability in Pakistan.

The meeting was attended by Federal Minister for Commerce, Mr. Jam Kamal Khan, Minister for Economic Affairs, Mr. Ahad Khan Cheema, Minister of Finance, Mr Mohammad Aurangzeb, Chairman FBR, Mr Rashid Mahmood Langrial, and senior officials from relevant institutions.

Related Topics:
Continue Reading

Latest News

Enhancing Pakistan-Bahrain Collaboration: Tarar Highlights Fortifying Media Connections Between Pakistan and Bahrain

Published

2 days ago

on

By

Attaullah Tarar, the Minister of Information and Broadcasting, has underlined the importance of strengthening cooperation between Bahrain’s and Pakistan’s official media organizations.
He proposed news sharing between the Bahrain News Agency (BNA) and the associated Press of Pakistan (app) during a meeting with Bahrain’s Minister for Information, Ramadan Bin Abdullah Al-Noaimi, in Riyadh. Attaullah Tarar stated that media delegation exchanges are essential to enhancing media cooperation.
According to the information minister, Pakistan and Bahrain have very close fraternal ties that are founded on shared history, religion, and culture.
Pakistan’s economy is heading in the right direction, according to Attaullah Tarar.
Additionally, he stated that Pakistan offers great prospects for foreign investors to make investments.
According to Bahrain’s Information Minister, the country cherishes its relationship with Pakistan.
He reaffirmed Bahrain’s determination to further strengthen media cooperation.

Continue Reading

Latest News

Mandi Bahauddin District Jail: MNA Launches Improvement Initiatives at Jail

Published

2 days ago

on

By

During his visit to District Jail Mandi Bahauddin, Member of the National Assembly Chaudhry Nasir Iqbal Bosaal officially opened a number of development projects, including the recently built jail building.
Chaudhry Nasir Iqbal Bosaal mna was welcomed at the District Jail by Superintendent Jail Haq Nawaz, Deputy Superintendent Sheikh Arif Nisar, Shahzad Aslam Jaja, and other jail staff. The Jail’s cadre saluted and presented a guard of honor.
He treated sick inmates admitted to the hospital, established other development projects, including the recently built jail facility, and toured several barracks, mills, anchorage, juvenile ward, and jail hospital.
at addition to planting a sapling at the jail as part of the tree plantation campaign, Chaudhry Nasir Iqbal Bosal MNA expressed gratitude for Superintendent Jail Haq Nawaz’s efforts and offered prayers for the nation’s growth and prosperity.

Continue Reading

Latest News

Under the auspices of Ombudsman Punjab, an awareness seminar was held at the Government Mc High School in Nakana Sahib.

Published

2 days ago

on

By

The ombudsman Punjab Nankana Sahib Region held an awareness seminar at Government Captain Hassan Nawaz Shaheed MC High School.
The CEO of the District Education Authority, Shazia Bano, chaired the seminar. Advisor Malik Muhammad Aslam and District Education Officer Secondary Dr. Saima Zafar were among the educators, students, and education officers that attended the session.
In his speech to the seminar, Malik Muhammad Aslam stated that people are aware of their rights and that our goal is to eradicate institutional corruption and poor management.Everyone must do their share to improve institutions. The provincial ombudsman’s awareness campaign was deemed beneficial by civil society representatives, educators, and students, who said it provided them with information about the institution’s significance and what to do in the event of a complaint.Teachers and students reaffirmed their commitment to playing their part in raising public knowledge of the ombudsman.

Continue Reading

Trending