Thursday, 25 April 2024, 10:51:51 pm

The business community is very happy over this decision as it will go a long way to help them

Dr. Mirza Ikhtiyar Baig (Industrialist): The announcement by Finance Minister Ishaq Dar to provide subsidized tariff rates to certain export oriented industries is a very good step and it will boost the export sector. These five sectors are textiles, carpet, leather, stored goods and surgical items. The purpose of this measure is to provide incentive to these industries to help them compete at international level. The business community is very happy over this decision as it will go a long way to help them. It is difficult to predict how much exports will rise after this decision but these steps certainly help the business sector.