Businessmen encouraged to utilize incentives for value addition

314
US Ambassador calls on Finance Minister

ISLAMABAD, Sep 23 (APP): Finance Minister, Senator Mohammad Ishaq Dar

Friday encouraged the business community to fully utilize the broad incentives given by the government for the promotion of their business and exports through value addition.

During a meeting with a delegation of All Pakistan Textile Mills Association (APTMA) that called on him here, the minister said the government has provided broad incentives in the current budget and in the Strategic Trade Policy Framework (STPF).

He said that the exporters should gauge world trends and become competitive accordingly.

He said that export led growth is a major priority of the government and every possible measure is being taken to enhance the capacity of exporters including encouraging import of modern machinery.

The minister said that further discussions for promoting export sector would be held to formulate recommendations at the earliest for consideration of the Prime Minister.

The APTMA delegation comprised of industrial exporters including representatives of the association as well as leather and rice associations.

On this occasion, the businessmen appreciated the incentives offered by the government to spur the growth in export sectors.

The delegation gave their suggestions to increase exports and requested the government’s support.

The meeting was attended by Chairman BOI, Special Assistant to Prime Minister on Revenue, Finance Secretary, Secretary Commerce, Secretary National Food Security, Special Assistant to Finance Minister and officials of the Finance Ministry and Federal Board of Revenue (FBR).