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

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

2 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

2 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

3 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

5 days ago

Approval Granted for Gwadar’s Eastbay Expressway Phase II

Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…

7 days ago

Government Abolishes Right of Way Fees on Federal Property

The federal government has announced the abolition of Right of Way (RoW) charges on federal…

1 week ago