{"id":11396,"date":"2021-05-28T10:24:51","date_gmt":"2021-05-28T10:24:51","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=11396"},"modified":"2021-05-28T10:24:51","modified_gmt":"2021-05-28T10:24:51","slug":"targeted-subsidies-for-export-sector-to-be-announced-in-upcoming-budget","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2021\/05\/28\/targeted-subsidies-for-export-sector-to-be-announced-in-upcoming-budget\/","title":{"rendered":"Targeted subsidies for export sector to be announced in upcoming budget"},"content":{"rendered":"
\n

ISLAMABAD:<\/strong> Targeted subsidies will be announced in the upcoming budget for the export-oriented sector base on performance, the government has decided .<\/p>\n

The decision was taken during a meeting presided over by Minister for Finance and Revenue Shaukat Tarin to discuss the new tariff for the industry\/ export-oriented sectors in the upcoming budget.<\/p>\n

\"Targeted-subsidies-for-export-sector-to-be-announced-in-upcoming-budget-rapidnews\"<\/p>\n

Tarin reiterated his firm commitment for accelerated growth, with the willing contribution of the business community.<\/p>\n

In the next budget, subsidies will be given on the basis of actual consumption and a more targeted approach for disbursement would be adopted.<\/p>\n

The growth of the export-oriented sector will be the main objective of the government while offering any change\/consistency in the rates, it was decided. This way, the industry will use its full potential.<\/p>\n

Minister for Industries and Production Khusro Bakhtyar and Minister for Energy Hammad Azhar were also present in the meeting along with Adviser to the Prime Minister on Commerce Razak Dawood.<\/p>\n

Different options for concessional tariff were discussed in the meeting along with their implications on the subsidies, earnings, production and revenue generation.<\/p>\n

The meeting noted that there is a need to generate a database which could establish the nexus between tariffs and progress of the export-oriented sectors\/industry.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: Targeted subsidies will be announced in the upcoming budget for the export-oriented sector base<\/p>\n","protected":false},"author":1,"featured_media":11397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-11396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nSubsidies for export sector to be announced in upcoming budget 2021<\/title>\n<meta name=\"description\" content=\"ISLAMABAD: Targeted subsidies will be announced in the upcoming budget for the export-oriented sector base on performance,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2021\/05\/28\/targeted-subsidies-for-export-sector-to-be-announced-in-upcoming-budget\/\" 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