Pakistan predicted to be world’s fastest growing Muslim economy in 2017-The Economist Magazine- PM announces an attractive package of incentives of 180 billion rupees to boost exports- President directs to adopt modern globa
According to ‘The Economist magazine’ the financial indicators published suggest that Pakistan is the fastest growing Muslim economy of the world. Prime Minister Nawaz Sharif has announced an attractive package of incentives of 180 billion rupees to boost exports. The package envisages abolition of customs duty and sales tax on import of cotton. Mian Nawaz Sharif said there were many challenges including terrorism, lawlessness, energy shortage, poverty and unemployment when the present government assumed power. He said his Government took bold measures to brace these challenges and today an all round improvement is visible. President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Tufail expressed the hope that 2017 and 2018 would prove to be years of exports. He said the country has achieved economic stability as a result of measures taken by the present Government during the last three years.