Govt. Moves To De-risk Exports, Widen SME Access To Global Markets: Federal Minister For Finance And Revenue, Senator Muhammad Aurangzeb
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday said the government was focused on building a comprehensive ecosystem to support sustainable, private-sector-led and export-driven growth.
ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 31st Aug, 2026) Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday said the government was focused on building a comprehensive ecosystem to support sustainable, private-sector-led and export-driven growth.
He described the launch of the Export Development Fund’s SME Risk Pool and a reinsurance partnership with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) as an important milestone in translating the government’s export strategy into practical action.
Addressing the signing ceremony…
The minister noted that Pakistan had moved from stabilization towards growth, but emphasized that ensuring its sustainability was now crucial. He mentioned the country’s economic performance, highlighting a 3.7% Gross Domestic Product (GDP) growth in the previous fiscal year and the government’s target of exceeding 4% this year.
Key Takeaways:
- The government aims to shift from import dependency to export-led growth.
- Export-driven and private-sector-led growth are considered vital for long-term economic stability.
- Measures include tax reductions, export financing at 4.5%, and concessional terms for exporters.
- EXIM Bank plays a crucial role in channeling export refinance and long-term financing.
