Incentives being given to enhance exports, minimize imports: Aslam

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Observe Report

Lahore

Punjab Minister for Industries & Trade Mian Aslam Iqbal has said that the government is introducing incentives to enhance exports and minimize imports in the country.
The Minister was speaking after inaugurated 3rd Pakistan Paper, Stationery & Education Expo-2020 at Expo Centre Johar Town Lahore on Saturday. The event was organized by All Pakistan Paper Merchants Association. He visited various stalls set up in expo and expressed keen interest in paper products prepared at local level.
While talking to media, Mian Aslam has said that it is good omen that such a beautiful expo has been held here which will help to promote packages industry in the province.
He said stock market is at its highest level and it indicates confidence of investors. Pakistan rupee is also stabilized and it will further strengthen in the coming days. Government is working on the documentation of the economy. Everyone should come into tax net only in this way, people can get relief, he added.
The Provincial Minister said that system of FBR is putting on automation which will help to eliminate corruption. He said that no one can deny price-hike but through collective efforts prices of essential items are stabilizing. There is fluctuation in the prices of ghee because palm oil is being imported from Malaysia and its prices increased in international market. Government is focusing on increasing production of palm oil at local level. He said that Prime Minister has also given package of 6 billion rupees to provide relief to common man through utility stores. He said that Punjab government has finalized that ration card scheme which will launch soon.

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