ECC unveils major export incentive package to boost industry
Pakistan's Economic Coordination Committee has approved a new export incentive package, including low-cost financing and performance-based rebates to boost the country's export sector. The committee also addressed energy sector issues, including pension liabilities and gas reservoir classifications.
Why it matters
These policy changes are intended to stimulate economic growth and improve the competitiveness of Pakistani small and medium-sized enterprises in the global market.
MG News | July 27, 2026 at 11:13 PM GMT+05:00
July 27, 2026 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a comprehensive package of export promotion measures, including subsidized financing facilities and a performance-based rebate scheme, aimed at strengthening Pakistan’s export sector and improving the participation of small and medium-sized enterprises (SMEs).
The meeting, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at the Finance Division, endorsed three key export support initiatives proposed by the Finance Division.
These include an enhanced Export Finance Scheme (E-EFS) to be administered by EXIM Bank, the launch of a Long-Term Export Growth Financing Facility (LTEGFF), and a performance-linked rebate on incremental exports.
The package is designed to provide exporters with fixed low-cost financing, facilitate export and import activities, and expand access to financing for SMEs.
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