Govt urges SMEs to make full use of EFS
MG News | November 04, 2026 at 09:15 AM GMT+05:00
November 04, 2026 (MLN): The
government has made it clear that the eligibility criteria for inclusion in any
category of the Export Facilitation Scheme (EFS) will be applied uniformly,
with no exemptions from standard operating procedures, while urging small and
medium-sized exporters to make full use of the scheme.
Authorities were also
directed to clarify and simplify the rules on importing capital goods and
manufacturing machinery for exporters, as the government reviews existing
exporter schemes to align them with trade needs, cut export overheads,
encourage local value addition and support domestic manufacturing.
The direction came from
Minister of State for Finance and Railways Bilal Azhar Kayani, who chaired a
consultative meeting of the Prime Minister’s Committee to Review the Export
Facilitation Scheme at the Finance Division, said a press release issued.
The meeting was attended
by the Commerce Secretary, special secretaries of Finance and Commerce, senior
Federal Board of Revenue (FBR) officials, and representatives of the All
Pakistan Textile Mills Association (APTMA), Pakistan Textile Exporters Association
(PTEA) and Sialkot Chamber of Commerce and Industry, while prominent exporters
joined via video link.
Participants went through
various proposals to streamline the scheme, improve its efficiency and adapt it
to changing trade dynamics, and also reviewed amendments aimed at lowering
export costs.
Bilal Kayani reaffirmed
the government’s commitment to boosting exports and improving the ease of doing
business, and added that schemes would be tailored to exporters’ needs to
deliver better results.
The meeting ended with a
consensus to keep consulting stakeholders and trade bodies to support export
growth and speed up economic activity.
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