Trade deficit reduced by 38 percent, tax net widening, PM told in meeting

Bilal Raza

Prime Minister (20k+ posts)
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اسلام آباد: لگژری آئٹمز کی درآمدات میں کمی کی وجہ سے رواں مالی سال کے پہلے 2 ماہ میں ملک کا تجارتی خسارہ 38 فیصد تک کم ہوگیا۔


ڈان اخبار کی رپورٹ کے مطابق تجارتی خسارے میں مسلسل کمی ظاہر کرتی ہے کہ حکومت کی خسارے کے خلاف جنگ کے نتائج سامنے آرہے ہیں اور درآمدات میں کمی اور برآمدات میں کچھ اضافہ سامنے آیا ہے۔

تجارتی دستاویزات کے حوالے سے ڈان کو موصول ہونے والے اعدادو شمار کے مطابق تجارتی خسارہ گزشتہ سال جولائی اور اگست کے 6 ارب 37 کروڑ ڈالر کے مقابلے میں 3 ارب 97 کروڑ 30 لاکھ ڈالر ہوگیا جو 37.62 فیصد کمی کو ظاہر کرتا ہے۔

ماہانہ بنیاد پر تجارتی خسارہ گزشتہ سال کے اگست کے 3 ارب 20 کروڑ ڈالر کے مقابلے میں ایک ارب 84 کروڑ 80 لاکھ ڈالر ریکارڈ کیا گیا جو 42.25 فیصد کمی ظاہر کرتا ہے۔

واضح رہے کہ حکومت نے تجارتی خسارے میں جون 2020 تک 27 ارب 47 کروڑ 60 لاکھ ڈالر کمی کا ہدف طے کیا۔

رپورٹ میں بتایا گیا کہ گزشتہ مالی سال کے دوران تجارتی خسارہ 15.33 فیصد کمی کے بعد 31.82 ڈالر رہا تھا، یہ کمی حکومت کے درآمدات کو شکنجے میں لانے کے لیے اٹھائے گئے اقدامات کی وجہ سے سامنے آئی جبکہ برآمدات میں اس ہی عرصے کے دوران ملا جلا رد عمل سامنے آیا۔

اعداد و شمار میں بتا گیا کہ جولائی اور اگست کے درمیان درآمدات 7 ارب 65 کروڑ 59 لاکھ ڈالر رہیں جبکہ گزشتہ سال یہ اسی عرصے میں 9 ارب 78 کروڑ 70 لاکھ ڈالر تھی جو 21.74 فیصد کمی کو ظاہر کرتی ہے۔

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خیال رہے کہ اکتوبر 2016 سے اب تک درآمدات 3 ارب ڈالر سے اوپر رہی ہے اور اس میں مسلسل اضافہ دیکھا جارہا تھا جو مئی 2018 میں 5 ارب 80 کروڑ ڈالر تک پہنچ گئی تھی۔

موجودہ حکومت نے اگست 2018 میں اقتدار سنبھالنے کے بعد سے درآمدات میں کمی کے لیے متعدد اقدامات کیے ہیں۔

حکومت کی پالیسیوں کی وجہ سے قابل ڈیوٹی درآمدی اشیا کی لاگت جولائی اور اگست کے درمیان 4 ارب 40 کروڑ ڈالر رہی جو گزشتہ سال اسی ماہ میں 6 ارب 80 کروڑ ڈالر تھی اور یہ 35.3 فیصد کمی ظاہر کرتی ہے۔

یاد رہے کہ قابل ڈیوٹی اشیا کی درآمدات میں کمی لگژری آئٹمز اور آٹو موبائلز پر ریگولیٹری ڈیوٹی عائد کیے جانے کی وجہ سے سامنے آئی۔

علاوہ ازیں حکومت نے فرنس آئل کی درآمدات پر بھی پابندی عائد کردی تھی جس کی وجہ سے درآمدات کے اعدادو شمار پر فرق نظر آیا۔


ISLAMABAD: Prime Minister Imran Khan on Saturday chaired a meeting of his economic team where he was told that the government’s economic policies were coming to fruition due to considerable reduction in trade deficit, increase in exports and increased tax collection.

The meeting was attended by Minister for Economic Affairs Hamad Azhar, Minister for Planning Khusro Bakhtiar, Advisor on Finance Abdul Hafeez Sheikh, Advisor on Institutional Reforms Dr Ishrat Hussain, special assistants Dr Firdous Ashiq Awan and Yousuf Baig Mirza, State Bank of Pakistan (SBP) governor, chairmen of Federal Board of Revenue (FBR), Board of Investment (BoI), Naya Pakistan Housing Authority and Ehsaas Programme, and senior officers of other departments, a PM Office statement said.

During the meeting, the prime minister was apprised on the steps taken for the economic uplift of the country and the results.

The meeting was told that according to the statistics, during the first two months of the current fiscal year, trade deficit had reduced by 38 percent.

There was also growth witnessed in exports, improvement in tax collection, widening of tax net and increasing trend in the trade activity.

The secretary finance briefed the prime minister about the targets set for the first quarter by different ministries, including commerce, industries and production, national food security, petroleum, FBR, BoI and the Aviation Division.

The prime minister directed different ministries to work out a clear and time-based roadmap to examine the achievement of the quarterly targets.

This would help the departments achieve their targets within the timeline besides improving their performance, particularly the service delivery.

Discussing the revolutionary measures taken by the government for betterment of the agriculture sector, the prime minister said the government had formulated a comprehensive policy for uplifting all sectors related to the agriculture.

There was a need to aware the people about the policy and other relevant measures to make them benefit from such steps.

He said the strengthening of small and medium enterprises (SMEs) was the government’s priority and it was committed to extend all-out facilities to the sector.

He said special focus was required to revive the sick industrial units, and those which had been closed down consequent to the maladministration and other reasons in the past.

"All this requires an active role of the CRIC, better coordination among all departments, including National Bank of Pakistan, SBP and others, besides formulation of a strategy for revival of the sick units," he added.

While deliberating over the construction sector, the prime minister told the meeting that in order to remove the impediments, a proposal was being finalised to give an industrial status to the construction sector and to impose a fixed tax on the construction in mega cities.

He also asked the Naya Pakistan Housing Authority chairman to submit a report on the incentive package to promote the construction of residential apartments and investment in the sector.

The FBR chairman told the meeting that a considerable improvement had been witnessed in the tax collection as compared to the previous month.

Owing to the government’s efforts, the tax net had been widened which was a positive sign for the national economy, he added.

The prime minister lauded the performance of the FRB chairman.

Planning Minister Khusro Bakhtiar apprised the prime minister about the progress on the development projects being executed under the China Pakistan Economic Corridor (CPEC).

Expressing satisfaction over the CPEC, the prime minister said besides being the manifestation of the Pak-China friendship, the CPEC would also cast positive impacts on the national as well as the regional economy.

The SBP governor while briefing on the growth in exports, said the exporters had not only expressed their full satisfaction over the government’s policies but also presented various proposals to boost the export-related industries which were being considered.

The prime minister asked his economic team to come up with some unconventional and out-of-box solutions for the national economic uplift and hold consultation with all the stakeholders to ensure the timely implementation of the proposals.

He said the economic stability and facilitation of the business sector were the government’s priorities and directed the participants to present before the people a comparative analysis of both the present and past situation of national economy and forcefully counter the negative propaganda from some elements.

The finance secretary told the meeting that a media cell had been established at the finance ministry and Special Secretary Finance Umar Hameed Khan had been made focal person for all the economic-related ministries to provide correct information on the economic matters.




 
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jee_nee_us

Chief Minister (5k+ posts)
Imports have decreased but the exports have not increased , imports are decreasing because of governments stiff policies especially in auto industry case. Sadly the local industry isnt enough to fill the gap produced by the lack of imports. Sooner or later pakistans imports will surge again and the trade deficit will again rise. These artificial measures wont hold for long.
 

Urdu speaking

Minister (2k+ posts)
Imports have decreased but the exports have not increased , imports are decreasing because of governments stiff policies especially in auto industry case. Sadly the local industry isnt enough to fill the gap produced by the lack of imports. Sooner or later pakistans imports will surge again and the trade deficit will again rise. These artificial measures wont hold for long.
Because of open handed import policy in past by means of legal or illegal import no foreign industrialists was coming pakistan to establish his factory and produce goods in pakistan despite of 22 karoor market for example tyer in pakistan was used to be smuggling now hearing foreign tyer industry building their factory so like in Hindustan where we saw from decades that foreign industrialists producing and manufacturing within India by establishing their factories.... So I gave 2-5 years times to full fill the gaps
 

jee_nee_us

Chief Minister (5k+ posts)
Because of open handed import policy in past by means of legal or illegal import no foreign industrialists was coming pakistan to establish his factory and produce goods in pakistan despite of 22 karoor market for example tyer in pakistan was used to be smuggling now hearing foreign tyer industry building their factory so like in Hindustan where we saw from decades that foreign industrialists producing and manufacturing within India by establishing their factories.... So I gave 2-5 years times to full fill the gaps
lets hope but on ground no real efforts can be seen.
 

liuali

MPA (400+ posts)
Bhai logo ye sirf ek saal ki rawaidad hai. 4 saal abhi baqi aUr Khan par pura bharosa bhi. Sabar kijeye achi khabrain ati rahen gi