PFC Hails Government For Announcing Incentives To Boost Furniture Export Besides Strengthening Local Industry

Rukhshan Mir (@rukhshanmir) Published January 24, 2019 | 06:44 PM

Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq Thursday said packages of incentives offered by Pakistan Tehrik-e-Insaf (PTI) government in recent economic reforms package

ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Jan, 2019 ) :Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq Thursday said packages of incentives offered by Pakistan Tehrik-e-Insaf (PTI) government in recent economic reforms package would help boost Pak-made world class furniture export besides attracting foreign investment in furniture sector in addition to strengthening indigenous furniture sector on sound footing.

Presiding over the meeting of board of directors for reviewing the measures announced by the government, Mian Kashif said credit went to Prime Minister Imran Khan and Federal Finance Minister for presenting this balanced and business friendly package.

He hoped that almost all demands of business community, chambers and trade associations had been materialized by offering excellent incentive packages to gear up economic activities in the country in addition to ease out doing business, says a press release issued here.

He said in prevailing circumstances, the reforms agenda of the government reflected the firm commitment of PTI government towards strengthening of national economy.

Mian Kashif said agricultural sector was backbone of national economy which had also been given relief in reduction of rate of interest which he added was good omen for boosting agri production in the country.

He said PFC, a non-profit organization in private sector, widely hailed the commitment honoured by advisor to Prime Minister on Commerce Abdul Razak Dawood wherein custom duty reduced to zero.

Mian Kashif said "We hope PTI government will continue to patronize the business community through their support by addressing legitimate demands.""Business community pinned high hopes on Prime Minister Imran Khan that stakeholders will be taken into confidence prior to chalk out future economic strategies," he said adding PFC would fully support the judicious economic policies of the government aimed at to steer the country out of economic quagmire.