Govt planning to impose ‘export emergency’

Govt planning to impose ‘export emergency’

ISLAMABAD: The government has planned to announce an ‘export emergency’ in the country and create a special cell at PM Office to address problems and complaints of the business community on an urgent basis for increasing exports by 40pc in four years and by around 200pc by 2035 for sustainable economic growth and job creation. “We will have to transform the entire system and become an export nation on an emergency basis, otherwise, the dependenc…

Exports stuck as reforms remain on paper

Pakistan’s economy once again stands at a familiar junction. A prime minister-led committee has openly said what many already know: without deep and urgent reforms, the country cannot grow in a stable way. The goal set by the panel, raising exports beyond $60 billion in three years, is ambitious, but the real value of the report lies in its honest diagnosis of what is holding Pakistan back. The committee, headed by Planning Minister Ahsan Iqbal,…

Pakistan needs to declare ‘export emergency’ to revive growth: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday urged the federal government to declare an export emergency to revive trade and accelerate export-led economic growth. Speaking at a press conference to release the Monthly Development Outlook Report, he highlighted that Pakistan’s economy is showing signs of recovery, driven by easing inflation, rising industrial output, improving exports, and st…