Government introduces subsidized financing schemes, export rebates, and SME-focused support measures to strengthen export competitiveness.
The Economic Coordination Committee (ECC) of the Cabinet has approved a comprehensive package of export promotion measures aimed at enhancing Pakistan’s export performance, improving competitiveness, and expanding support for exporters, particularly small and medium-sized enterprises (SMEs).
The meeting, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, reviewed several policy proposals and financial measures submitted by various ministries and divisions.
According to the Ministry of Finance, the ECC endorsed three dedicated Export Finance Subsidy Schemes designed to accelerate export growth and strengthen the country’s trade sector.
Under the approved package, the ECC sanctioned an enhanced EXIM-administered Export Finance Scheme (E-EFS), the launch of a new Long-Term Export Growth Financing Facility (LTEGFF), and a performance-based rebate mechanism for incremental exports.
These initiatives are intended to provide exporters with access to low-cost financing, encourage export expansion, and create greater opportunities for businesses seeking to enter international markets.
The government’s export support framework also places a strong focus on SMEs, which are considered a key driver of economic activity and employment.
By offering fixed low-rate financing and targeted incentives, policymakers aim to improve the competitiveness of Pakistani products in global markets while supporting sustainable export-led growth.
While approving the schemes, the ECC directed relevant authorities to submit a performance assessment report after six months. The review will evaluate the effectiveness of the initiatives and their contribution to export enhancement objectives.
In addition to export-related measures, the ECC approved a Technical Supplementary Grant (TSG) of Rs4 billion for the Power Division to cover expenses associated with international arbitration cases involving independent power producers (IPPs) and major utility stakeholders.
The committee also approved the adjustment of pensioners from closed Generation Companies (GENCOs) to their respective pension-disbursing Distribution Companies (DISCOs) to facilitate retirement benefit payments. Furthermore, the ECC endorsed the Petroleum Division’s proposal to declare the Pab reservoir in the Rehman-8 ST-3 well as a Tight Gas Reservoir under the Tight Gas (Exploration & Production) Policy 2011.
Other approvals included EOBI budget estimates, revised fiscal allocations, and tariff fixation proposals for indigenous gas supplied to RLNG-based power plants, reflecting the government’s broader efforts to address economic, energy, and industrial policy priorities.