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Pakistan unveils new policy to revitalize manufacturing, cutting taxes and boosting small businesses.
Pakistan has finalized a new industrial policy to boost its declining manufacturing sector.
Key measures include reducing corporate taxes from 29% to 26% over three years, improving access to finance for small businesses, and reviving struggling industries.
The policy aims to shift focus from textiles to sectors like IT, pharmaceuticals, and renewable energy, encouraging local production and export growth.
Despite these efforts, challenges like energy shortages and high power costs persist.
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Pakistán revela una nueva política para revitalizar la manufactura, recortando impuestos e impulsando a las pequeñas empresas.