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Govt forms NEDB to boost exports

Govt forms NEDB to boost exports Prime Minister Imran Khan is the board’s chairman PHOTO: FILE ISLAMABAD: The federal government has formed the National Export Development Board with Prime Minister Imran Khan its chairman, a notification issued by the Ministry of Commerce said on Friday. According to the statement, the board will monitor government policies to boost exports. It will provide strategic guidance to increase competitiveness in exports, review trade policy implementation and progress, it added. Members of the private sector have also been included in the board as well as its Terms of Reference (ToRs) have also been issued.

Federal budget: Relief for business community sought

Foreign investors spend Rs16bln on CSR in 2019-20

Business January 14, 2021 KARACHI: Foreign investors have spent Rs16 billion in Pakistan on corporate social responsibility programmes during 2019-2020, Overseas Investors Chambers of Commerce and Industry (OICCI) report showed. The annual CSR Report 2019-2020 showed that about half of OICCI members invested about Rs8 billion collectively on CSR-related activities, excluding the amount spent on Covid-19. The members reached out to around 62 million direct beneficiaries throughout Pakistan, OICCI statement said. In addition to monetary contributions, the CSR activities of OICCI members included investment of their employees’ time in different value-adding social activities across Pakistan with the underlying commitment to uplift the underprivileged strata of the society during these trying times.

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