Incentives for boosting exports to be given by govt to industries, says Imran Khan

Author: Shehryar Taseer

ISLAMABAD: Prime Minister (PM) Imran Khan said that to improve the tax system,  different reforms are in the pipeline and consultation with all stakeholders will accelerate this process.

He said this while addressing officials of the major Chambers of Commerce in a meeting. Emphasizing industrial development for the economic progress of the country, PM Imran Khan said the government is providing incentives to industries for enhancing exports.

The federal ministers were directed by the prime minister to remain in contact with all stakeholders and hold regular meetings with them to listen to their problems and proposals.

The government is inclined to resolve issues through mutual consultations after facilitating the business community and the industrialists.

All the major Chambers of Commerce of the country expressed satisfaction over the government’s pro-business policies and the steps taken for ease of doing business (EoDB).

The participants of the meeting appreciated the Prime Minister and his economic team for attaining four percent GDP growth despite Covid-19, fifteen percent increase in large scale manufacturing, incentives for export industry and removal of hurdles, incentives for small and medium enterprises by the State Bank of Pakistan, and providing the business community opportunity to benefit from trade potential of Uzbekistan.

They also lauded the government’s initiative to directly listen to the proposals of the business community for the first time and also pointed out hurdles in the business for a gulf between the government and the business community in the past.

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