Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

PM directs for preparing export-oriented development budget 2023-24

byCT Report
03/06/2023
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Prime Minister Shehbaz Sharif  issued clear directions to include on priority, such projects in the upcoming development budget that help in ensuring import substitutions, expanding export volume, and bringing innovation in various sectors.

The prime minister also directed to allocate special funds in the development programme for the welfare and development of the country’s youth, according to the state news agency.

You might also like

Pakistan-Sri Lanka trade stagnant despite duty-free access

28/10/2026

Pakistan to host global mining investors at PMIF26 on November 12–13

28/10/2026

Chairing a meeting to review the budget proposals with respect to the Public Sector Development Programme (PSDP) 2023-24, Shehbaz Sharif said that in the upcoming budget, projects relating to higher education, professional training and job creation for the youth must be added in the programme.

He also asked for the establishment of the Pakistan Endowment Fund to provide higher education to the youth.

The laptop programme should also be included in the upcoming PSDP to distribute free laptops among the top-performing students to equip them with modern technology skills, he added.

He said through the endowment fund, the youth should be given professional and higher education besides skilled-based training in the IT sector.

The prime minister also stressed the need to give special importance to merit and transparency while providing scholarships and education to the youth.

PM Sharif directed to continue the projects initiated under the Kissan Package while renewable energy projects should also be made part of the development budget.

The prime minister also directed to allocate special funds in the upcoming budget for projects to bring innovation in the energy sector.

PM Sharif said all the slow moving ongoing projects under the PSDP that had lost their importance should be removed from the development budget.

All stakeholders of the relevant sectors and the allied parties should be consulted before including any development project in the budget and their proposals should also be considered, the prime minister directed.

Earlier the meeting was briefed in detail about the proposals for adding new projects in the upcoming fiscal year and progress on the ongoing projects.

It was informed that as per the direction of the prime minister, projects related to the agriculture sector, renewable energy, higher education for youth, professional training and job raising schemes would be important parts of the development budget.

The meeting was further told that the IT sector development and export boosting projects would also be part of the development budget.

Shehbaz Sharif was informed that the Prime Minister Kissan Package and Youth Empowerment Programme that were included in the budget 2022-23 were yielding fruits now as over 60,000 youth were being provided internships in various government development projects whereas the production of wheat broke the 10-year record this year.

The meeting was attended by federal ministers Ishaq Dar, Khawaja Muhammad Asif, Ahsan Iqbal, Rana Sanaullah, Rana Tanvir Hussain, Advisor Ahad Khan Cheema, Special Assistants to Prime Minister Malik Ahmad Khan, Ataullah Tarrar, Jehanzeb Khan and other relevant officials.

Related Stories

Pakistan-Sri Lanka trade stagnant despite duty-free access

byCT Report
28/10/2026

KARACHI: Consul General of Sri Lanka in Karachi P.K. Sanjeewa Pattiwila has called for a more proactive approach to Pakistan-Sri...

Pakistan to host global mining investors at PMIF26 on November 12–13

byCT Report
28/10/2026

ISLAMABAD: Pakistan will host its flagship minerals investment forum on November 12–13 in Islamabad, bringing together global mining leaders, investors...

FBR denies widespread irregularities in courier-imported phone clearance

byCT Report
28/10/2026

LAHORE: The Federal Board of Revenue (FBR) has found no similar cases nationwide after investigating alleged irregularities in the customs...

Pakistan expects $3b trade boost from maritime insurance relief

byCT Report
28/10/2026

ISLAMABAD: Pakistan expects commercial activity worth around $3 billion to benefit from reduced maritime insurance costs following the country’s removal...

Next Post

Govt sets 3.5pc GDP growth target for FY 2023-24

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.