Govt reviews EFS changes to cut exporters’ compliance costs
MG News | November 12, 2026 at 09:07 AM GMT+05:00
November 12, 2026 (MLN): The
government has reviewed proposed amendments to the Export Facilitation Scheme
(EFS) aimed at making it simpler, more predictable and more responsive to
exporters’ operational needs, while tightening risk-based oversight, cutting
compliance costs and export-related overheads, encouraging new investment and
local value addition, and ensuring concessions are tied to genuine export
performance.
The review took place at
the fifth meeting of the Prime Minister’s Committee to Review the EFS, chaired
by Minister of State for Finance and Railways Bilal Azhar Kayani at the
Ministry of Finance.
Senior officials of the
Ministry of Commerce and the Federal Board of Revenue (FBR) attended, along
with representatives of exporters’ associations including APTMA, PTEA and the
Sialkot Chamber of Commerce & Industry, and several prominent exporters, said
a press release issued.
Bilal Kayani said
eligibility requirements and prescribed procedures must be applied uniformly,
with no exemptions.
The committee focused on
simplifying how exporters are categorised, rationalising authorisation periods
and widening access to the scheme for both new and existing exporters.
It also discussed
facilitating compliant exporters, introducing a transparent mechanism and
streamlining security requirements, while keeping safeguards in place against
misuse.
According to the
proposals, the revisions are meant to bring down compliance costs, draw new
investment, support export growth and keep the scheme in step with the needs of
the exporting community.
Bilal Kayani stressed that
procedures should be simplified without weakening revenue safeguards, and said
the government remains committed to continued consultations with exporters and
trade bodies.
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