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PM directs export board to satisfy thrice a month

by Pakistan Latest News Update

LAHORE: For reaching an bold export goal of $31.125 billion for the present fiscal yr, Prime Minister Imran Khan has directed the newly fashioned Nationwide Export Deve­lopment Board (NEDB) to satisfy thrice in a month and resolve all points confronted by the export business.

The PM assured the enterprise group of rendering his full assist by taking possession of the board.

“There will be two meetings of the board to be held in a month by the ministries of commerce and trade. I [PM] will myself preside over the third meeting that will discuss outcome of the last two meetings and take remedial measures leading to boost the exports,” Pakistan Prepared-made Gar­ments Man­u­facturers and Exp­­­orters Affiliation (Prgm­ea) chief organiser Ijaz Khokhar quoted Prime Minister Imran Khan as having stated within the board’s first assembly held on Aug 2.

Throughout assembly, the PM was briefed by the commerce ministry in regards to the nation’s export efficiency in 2020-21. The PM was instructed that the nation’s exports had been divided in three main classes— textiles, agro and non-agro merchandise. The textile & attire sector exports had been projected at $15.380bn for 2020-21 whereas for FY22 the goal is mounted at $20bn.

Equally, the agri sector’s exports have been projected at $4.341bn for FY21 whereas for the continued fiscal yr the goal is $4.858bn. The FY21 export goal for non-agro sector was $5.578bn whereas for FY22 it’s projected at $6.357bn.

Revealed in Daybreak, August 10th, 2021

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