Karachi, January 2, 2026 – Businessmen Panel Progressive (BMPP) Secretary General and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Khurram Ejaz, has raised serious concerns over the Federal Board of Revenue’s (FBR) move to scrutinize export income, warning that it could discourage exporters and hurt Pakistan’s economic goals.
In a statement, Ejaz urged Prime Minister Shehbaz Sharif, Finance Minister Senator Muhammad Aurangzeb, and Commerce Minister Jam Kamal to immediately suspend the FBR circular issued on December 30, 2025, citing growing unease within the exporting community.
He cautioned that increased scrutiny of export income could derail the prime minister’s ambitious “Uraan Pakistan” vision, which is heavily dependent on export-led economic growth. Ejaz emphasized that without strong incentives and confidence-building measures for exporters, achieving national economic targets would remain a challenge.
Highlighting the importance of exporters in supporting Pakistan’s economy, Ejaz said the sector is already under immense pressure and requires facilitation rather than additional hurdles. He warned that persistent discouraging policies could compel existing exporters to exit the market, while deterring new investors from entering the export sector.
Ejaz further pointed out that high taxation, along with surging electricity and gas tariffs, has significantly increased production costs for industries. According to him, establishing new industrial units has become extremely difficult, while sustaining existing businesses is increasingly challenging.
He concluded that policies perceived as punitive towards exporters would not only weaken Pakistan’s export performance but also damage investor confidence, ultimately slowing overall economic growth.