ISLAMABAD: The Economic Coordination Committee (ECC) has noted that Rs 180 billion export package has contributed significantly towards putting country’s exports into growth trajectory.
The ECC meeting chaired by Prime Minister Shahid Khaqan Abbasi here on Friday reviewed the impact of Prime Minister’s Export Package towards boosting country’s exports. It also considered various proposals for expanding the scope of Export Package and to include other sectors into its folds.
The Prime Minister directed to constitute a committee comprising representatives of Finance, Commerce division and FBR to undertake a detailed analysis of the impact of Package and also propose changes in scope and coverage of Export Package.
The ECC also approved grant of extension in processing period of export of wheat and wheat products from 31st August 2017 to 30th October 2017. The ECC noted the availability of 2.788 million metric tons of sugar in the country and authorized Commerce Ministry to allow export of 0.5 MMT to sugar mills.