Maritime Minister Forms Committee for Fish Export Incentives

Federal Minister Muhammad Junaid Anwar Chaudhry established a committee to develop a performance-based fish export incentive scheme, targeting increased seafood exports without altering the existing tax regime. The proposed scheme aims to reward incremental export growth and improve the seafood industry's competitiveness, with seafood exports reaching $568 million in FY2025-26. This initiative could contribute to Pakistan's overall export earnings and potentially offer minor support to the rupee in the long term, though immediate market impact on gold or currency is unlikely.

بحوالہ / Source: www.brecorder.com