PM directs consultations to enhance Export Facilitation Scheme (EFS)

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MG News | April 10, 2025 at 12:42 PM GMT+05:00

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April 10, 2025 (MLN): To enhance the Export Facilitation Scheme (EFS), additional consultations with industry experts were directed, with a particular focus on facilitating the import of raw materials and machinery for export industries, as per the instructions of Prime Minister Muhammad Shehbaz Sharif.

The direction came during a review meeting on the EFS, where the interim recommendations of the committee formed to improve the scheme’s effectiveness and benefit the export sector were presented.

The Prime Minister emphasized that increasing revenue from exports is one of the government's top priorities, as per the press release issued today.

He also instructed the committee to finalize the interim recommendations after further consultations and submit a report soon.

Furthermore, he stressed the importance of consulting with industries and business organizations while preparing the upcoming budget and ensuring their suggestions are included.

The Prime Minister directed that a level playing field be provided to local industries and highlighted the need to reduce production costs in order to enhance Pakistan's competitiveness in global export markets.

The meeting was briefed that the Export Facilitation Scheme was launched to reduce production costs and strengthen Pakistan's position in international export markets.

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