no plans to privatise

The federal minister for finance—Asad Umar said on Wednesday that the present government of Pakistan Tehreek-e-Insaf (PTI) would be taking steps to boost exports.

Measures have been taken for bringing improvement in many sectors, he said while conversing with local media channels.

He said that the textile sector would also be provided with special attention so that expected results could be attained.

Subsidy of nearly seven billion rupees was given for promoting the agriculture sector other than improving the efficiency of the farmer community.

To another question, the finance minister said that the present government was trying to introduce a transparent marketing system with the aid of the federal board of revenue (FBR) and other stakeholders.

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Answering another question about the loan from the International Monetary Fund (IMF), Asad Umar said that previous governments have also taken loans from the IMF.

He further said that all the efforts of the government would be made for boosting the efficiency of various institutions. He said that they have got no plans of privatizing the Pakistan International Airlines (PIA), Pakistan Steel Mills (PSM) and other government institutions.

Previously, a twenty-two-membered Business Council of Leaders was formed for getting advises from the private sector for increasing exports. The council comprises of business leaders both from the public and private sectors and has been established for getting their advises and suggestions.

Also, the members would be needed to provide feedback for boosting exports, improving the comfort of doing business and for increasing the investments.

More Read: Govt Forms Business Council for Creating Jobs and Boosting Exports

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