On February 27, 2026, the government of Pakistan, under Prime Minister Shehbaz Sharif, established a technical committee to review the Export Facilitation Scheme (EFS) in response to concerns from industry representatives regarding operational constraints. The committee aims to address issues such as limited utilization periods for exporters, which have been cited as a significant barrier to operational flexibility. During a high-level meeting, Federal Minister for Commerce Jam Kamal Khan emphasized the importance of the value-added apparel and textile sector, stating, "Pakistan is one of the few countries in the world with a vertically integrated supply chain, which is contributing significantly to the socio-economic development of the country." Industry representatives highlighted challenges including high energy tariffs, liquidity constraints, and insufficient credit limits, urging the government to provide clearer regulatory guidelines to enhance access to working capital.
BUSINESS
Pakistan Government Establishes Committee To Review Export Facilitation Scheme
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Pakistan's government, led by PM Shehbaz Sharif, forms a committee to enhance the Export Facilitation Scheme, aiming to boost investment and address industry challenges amid declining FDI and high ...
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