Dar fails to enforce PM’s export package

ISLAMABAD

Federal Minister for Finance Senator Ishaq Dar has badly failed in the implementation of Prime Minister’s export package announced to promote and boost the declining exports of country.

The authorities had only released Rs 4 billion among the Rs 182 billion allocated by PM Nawaz for the exports package for achieving the exports targets from February 2017 till June 2017.

According to reliable sources, the Prime Minister Nawaz Sharif had announced an exports package worth Rs182 billion in February 2017 for boosting and promoting the declining exports of Pakistan.

The Government had to release around Rs 182 billion till June 2018, but Ishaq Dar and his team took a major U-turn and have now allocated only Rs 4 billion amount for the exports package in 2017-18 fiscal year budget.

An official associated with federal ministry for finance on condition of anonymity informed that we have slashed the exports package budget due to incompetence and growing corruption in federal ministry for commerce.

The official praised the federal government, saying that initiatives taken by government in the allocation of funds in the budget are evident of the seriousness of government in promoting and boosting the falling exports of country.

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