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PM Shehbaz seeks business leaders’ input on export-led growth

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Nasir Amanullah and Zarar Mushtaq
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At a glance

  • PM Shehbaz Sharif met with business leaders to discuss an export-led growth strategy.
  • The government is seeking proposals to address challenges hindering export growth.
  • A new Rs3 billion export insurance facility has been launched to support exporters, especially SMEs.

Story so far

The government, led by Prime Minister Shehbaz Sharif, is pursuing an economic strategy centered on export-led growth. The prime minister has held multiple consultations with the business community to gather recommendations on boosting exports and overcoming challenges. The government has highlighted past structural reforms and a recovery of Rs 800 billion through tax enforcement as successes of its collaboration with the private sector.

Latest development

A Rs3 billion export insurance facility has been launched by the Export Development Fund and the Export-Import Bank of Pakistan to improve access to credit insurance for exporters, particularly small and medium-sized enterprises.

Latest updates

During the meeting on Tuesday, Prime Minister Shehbaz Sharif also welcomed a new export insurance facility launched by the Export Development Fund and the Export-Import Bank of Pakistan. He stated that the Rs3 billion risk pool would improve access to export credit insurance, particularly for small and medium-sized enterprises, and help increase the country's export volumes.

Sources and updates

Business Recorder

PM Shehbaz seeks business community’s input on boosting exports

Prime Minister Shehbaz Sharif on Tuesday said the government had convened the business community to seek its views on the challenges hindering export growth and possible solutions to address them. The prime minister said the consultation was particul

Usama MehboobUsama MehboobEditor
Categories: Business & Economy
Tags: , , ,

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