BOI Seeks Raw Material Reserves, Proposes Broader Incentives

The Board of Investment (BOI) is advocating for the establishment of strategic raw material reserves to bolster Pakistan's industrial base. A minister has proposed expanding the scope of existing incentives, currently focused on oil, to include various other essential raw goods. This initiative aims to ensure supply chain stability and reduce import dependency for key industries. While a positive step for industrial development, its immediate impact on gold or currency rates in Pakistan is not expected to be significant for traders.

بحوالہ / Source: tribune.com.pk