March 13, 2020: Prime Minister Imran Khan has said increasing exports is the top priority of the government in view of revamping country's economy.
He said this while chairing a high-level meeting of Strategic Trade Policy Framework 2020-2025 and Textile Policy 2020-2025 in Islamabad on Thursday.
Appreciating establishing a partnership of the private sector in the revaluation of policies on an institutional basis, the Prime Minister said the government believes in achieving economic targets in consultation and the guidance of the private sector.
He said the government is determined on continuity of policies. He directed to give special focus on resolving issues regarding setting up of special economic zones.
The meeting approved priorities and strategy regarding 26 sectors under the Strategic Trade Policy Framework.
It was decided to make the funds announced by the government to support various sectors part of the budget to ensure timely payments.
The Prime Minister was informed that only 68 billion rupees were provided in the name of support to the textile sector in last ten years, whereas the PTI government has provided 71 billion rupees in last one and half year.
It was told that 27 billion rupees were provided to the textile sector and 1.4 billion rupees to the non-textile sector in the last three months.
The meeting also decided to further simplify refunds procedure for the business community and any difficulties in this regard should be resolved on priority
The Prime Minister was told that textile, leather, surgical and sports goods, carpet, rice and cutlery has been included under Strategic Trade Policy Framework as well as non-formal and development sectors like engineering goods, pharmaceuticals, auto parts, process food and beverages, footwear, gem and jewellery, chemicals, meat and poultry, seafood, marble and granite. And the special focus will be made to enhance exports in these sectors.