Cabinet Committee on Institutional Reforms in its meeting here Wednesday, has directed the Commerce Division to submit a summery to this Committee prior to notify Export Development Fund (EDF) as autonomous body.
Chaired by Federal Minister for Education, Professional Training, National Heritage and Culture Shafqat Mahmood at Cabinet division, the meeting was attended by Syed Fakhar Imam, Federal Minister for National Food Security and Research, Dr. Fehmida Mirza, Federal Minister for Inter Provincial Coordination and Muhammad Shahzad Arbab, SAPM on Establishment.
Commerce Division gave a presentation to the Committee on Export Development Fund ( EDF) which was created through an act of parliament ( EDF act 1999) and according to the Act, EDF would be administered by Board of administrators.
The Commerce Division requested the CCIR to issue a notification for EDF as an autonomous body.
The Committee after taking views of Cabinet Division on the subject matter, directed the Commerce Division to submit a summery to the Committee and after its endorsement, EDF would be notified as autonomous body.—APP
