Govt planning to impose ‘export emergency’, create special cell at PM Office to address hurdles
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 dependence on the International Monetary Fund (IMF) and friendly countries for financial support would continue,” said Minister for Planning and Development Ahsan Iqbal at a news conference on Monday.
He conceded the country’s export performance in first four months (July-October) was not satisfactory even though exports grew by around 1pc. He also said there were genuine questions and impatience why GDP was not growing fast quickly but........
