FM vows support for export-led growth

July 19, 2024 (MLN): Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the government’s commitment to fostering export-led growth and providing a conducive environment for local manufacturers, said a press release issued.

During a meeting with representatives of the Pakistan Mobile Phone Manufacturers Association (PMPMA) on Thursday, the delegation highlighted the critical need for a stable and supportive policy environment that encourages local manufacturers.

They advocated for measures to ensure that international brands support the domestic industry and consequently, the national economy.

The delegation also presented proposals aimed at promoting the growth of the local industry and increasing the exports of the mobile phone manufacturing industry. Senator Muhammad Aurangzeb acknowledged the valuable feedback and underscored the government's commitment for expanding the entire digital ecosystem in the country.

He emphasized the importance of maintaining policy continuity and increasing the focus on the policy framework for exports.

The meeting concluded with a mutual agreement on the need for a strategic and supportive policy framework aimed at fostering local manufacturing and enhancing export potential, thereby contributing to the broader goals of national economic growth and digital transformation.

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