KARACHI: Federal Minister for Commerce Khurram Dastagir says that the Exim Bank of Pakistan has been established to enhance loans for exporters, reduce in rate of long term export loans, export credit guarantees and reduce exporters risk through insurance. However it would soon be made operational.
Initially, the federal government has deposited Rs 6 billion in the bank. However, the fruits of the bank would be reached the importers and exporters soon. The minister stated this while addressing the businessmen during his visit to the Karachi Chamber of Commerce and Industry.
“The Pakistan Muslim League-Nawaz (PML-N) government wants to improve the economic conditions of the country and several steps have been taken in this regard”, he said, adding that businessmen were the part of the PML-N government and they were not the supplement.
The confidence and trust of businessmen has been improving while the National Accountability Court (NAB) is going after the corruption. There is not a single case of corruption against PML-N minister, he added.
“I am the spokesman of the business community and will convey their grievances to the prime minister for their early redressal”, he said.
While welcoming the federal minister, President KCCI Iftikhar Ahmed Vohra said that the government had appointed a right person as the Chairman Federal Board of Revenue (FBR) however efforts should be taken to eliminate corruption in the FBR at lower level.
“The attitude of Federal Finance Minister Ishaq Dar towards the business community of Karachi, the economic hub of the country, is rude and whatever we forward recommendations to the finance minister they all are gone in vain”, he added.
“Moreover, the government should also take measures to shut fake trade bodies operating in the country. We have also complained against the fake trade bodies to the last government of the PPP however these trade bodies are still operating”, Vohra said.
