Pakistan’s export target of US$35 billion achievable: TDAP CEO

BusinessPakistan's export target of US$35 billion achievable: TDAP CEO

ISLAMABAD, Pakistan: Chief Executive Officer (CEO) of Trade Development Authority of Pakistan (TDAP) S.M Muneer on Friday said that export target of US$35 billion can be achieved in the next three years.

“Meeting export target is possible subject to immediate payment of exporters refunds stuck up since long,” he said in a statement received here.

He said that Trade Policy was according to ground realities and aspirations of the business community, adding that realizing the export target was linked to the prompt payment of refunds.

He lauded the government for allocating Rs 20 billion to achieve target and demanded that Rs 6 billion allocated for ongoing year, should be disbursed immediately.

He said that besides refunds, continuous and uninterrupted supply of gas and electricity to industrial sector can help achieve export target.

All the economic indicators of Pakistan are positive and it is foreseen that current GDP growth of 4.2 percent will go beyond 5 percent at the end of current financial year, he said.

He asked all the concerned departments to facilitate exporters by providing enabling environment so that they can play their due role in the national development with peace of mind.

Mati
Mati
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