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Minister vows to propel exports to $80b | The Express Tribune

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[ad_1] ISLAMABAD: Caretaker Federal Minister of Commerce Dr Gohar Ejaz has vowed to breathe new life into commercial and industrial sectors as well as propel Pakistan’s exports to the ambitious target of $80 billion. At a briefing, Ejaz, who assumed charge as the caretaker commerce minister, expressed the resolve to tackle complexities head-on in order to address the challenges looming in the commercial sector. He stressed that he would work to swiftly steer state enterprises towards profitability in the pursuit of economic prosperity. In a bid to foster innovation and industry’s growth, he revealed plans to launch flagship projects within the Special Economic Zones with a specific focus on the garments sector. These initiatives are poised to stimulate economic activity, create employment opportunities, and further solidify the country’s position on the global economic stage. The caretaker minister, however, voiced concerns over subsidies granted to state-owned enterprises...