Trade competitiveness and economic growth: Govt focusing on tariff rationalisation, its implications: Jam

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Commerce Minister Jam Kamal has said that the government is focusing on tariff rationalization and its implications for trade competitiveness and economic growth.

Addressing a pre-budget seminar he underscored the significance of tariff rationalization in enhancing trade competitiveness and fostering economic growth.

He emphasized the Ministry of Commerce’s commitment to simplifying and streamlining tariff structures to reduce costs for domestic industries, boost exports, and attract foreign investment.

Jam Kamal reiterated the government’s dedication to supporting the business community and highlighted key priorities including boosting exports, combating smuggling, and curbing tax evasion.

He also praised the growth of Pakistan’s textile industry and recognized opportunities in the evolving global landscape, reaffirming the government’s commitment to driving Pakistan towards a more dynamic economic future.

Read more: https://www.brecorder.com/news/40297305/trade-competitiveness-and-economic-growth-govt-focusing-on-tariff-rationalisation-its-implications-jam

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