Rs950mn approved by Ministry of Commerce for export projects

ISLAMABAD: In the 19th Finance Committee meeting of the Board of Administrators for Export Development Fund (EDF) chaired by Advisor to the Prime Minister on Commerce and Investment Mr. Abdul Razak Dawood,  the Ministry of Finance approved a budget worth Rs. 950 Million for export-related proposals.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, EDF’s financial committee of Board members includes Presidents of Federal, Secretary TDAP, Secretary Commerce, Chief Executive Trade Development Authority of Pakistan (TDAP), representatives of Pakistan Business Council and Sialkot & Khyber Chamber of Commerce & Industry, major associations of textile, surgical, fruits & vegetable, software, fisheries and poultry sectors among others.

As per the officials, the Committee reflected numerous proposals relating to export sectors of Pakistan like leather, cutlery, fisheries, textile, sports goods, garments, etc. A budget of Rs. 8.9 Billion was also approved by the committee for EDF’s Financial Year 2021-22.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Islamabad Administration Confirms City Functioning Normally, No Road Closures Reported

Islamabad, Oct 13: The Islamabad district administration has clarified that all roads in the federal…

11 hours ago

CDA and OPF Join Hands to Attract Foreign Investment in Islamabad

Islamabad: Capital Development Authority (CDA) and the Overseas Pakistanis Foundation (OPF) have agreed to collaborate on…

5 days ago

RMC Launches Beautification Drive in Rawalpindi’s Raja Bazaar and Commercial Market

Rawalpindi: The Rawalpindi Municipal Corporation (RMC) has finalized a phased plan to complete multiple ongoing…

6 days ago

Abdul Aleem Khan Launches NHA Reform Plan to Boost Revenue and End Encroachments

Islamabad: Federal Minister for Communications Abdul Aleem Khan has unveiled a wide-ranging reform strategy for…

1 week ago

IMARAT Becomes the First Certified Marriott International Operator in the Region

IMARAT has made history by becoming Pakistan’s first certified Marriott International operator, a landmark achievement…

1 week ago

IsDB Approves $475m for M-6 Sukkur–Hyderabad Motorway Project

Islamabad: The Islamic Development Bank (IsDB) has approved a USD 475 million financing package for…

2 weeks ago