PM Shehbaz asks FBR to ensure seamless refunds to exporters

Prime Minister Shehbaz Sharif on Tuesday warned the Federal Board of Revenue (FBR) against any delays in refunding exporters, aiming to alleviate concerns about meeting the $60 billion export target. While speaking at the National Export Development Board (NEDB), the prime minister directed the commerce ministry and other departments to take “all necessary measures” to achieve the ambitious export target of $60bn in exports within three years. The prime minister directed the ministry to resolve the issues raised by exporters and present a report within two weeks. He added that he would personally chair the NEDB meetings every six weeks. The prime minister noted that the country’s exports had surpassed the $30 billion mark during the previous fiscal year, with IT exports contributing over $3.2 billion, thanks to government policies. He called it a “welcoming development.”