Pakistan's Prime Minister Shehbaz Sharif unveiled an economic stimulus plan focusing on investments, business environment, and exports.

Pakistan's Prime Minister Shehbaz Sharif unveiled an economic stimulus plan focusing on attracting investments and creating a favorable business environment. The Board of Investment (BOI) was entrusted with streamlining procedures and minimizing obstacles for investors. The Special Investment Facilitation Council (SIFC) adopted a single-window approach for a more efficient business environment. To boost exports, a new deletion policy was formulated to foster Pakistan's auto sector, and urgent measures were urged to enhance competitiveness in domestic exports. The premier directed prompt payment of certified duty drawbacks to exporters and emphasized the importance of involving the private sector in crafting trade policies.

May 10, 2024
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