• PM-appointed panel calls for measures to improve ease of doing business
• Seeks tariff overhaul to lift exports beyond $60bn in three years
• Highlights cross-cutting barriers across 20 export products
• Notes ‘policy unpredictability’ undermines investor, buyer confidence
ISLAMABAD: A body constituted by the prime minister and led by Minister for Planning Ahsan Iqbal has called for urgent reforms to improve the ease of doing business and for a serious restructuring and rationalisation of tariffs — both energy prices and trade duties — to more than double exports to over $60 billion within three years.
The committee was formed to devise a strategy for avoiding another IMF programme once the current $8.4bn arrangement expires at the end of 2027, amid mounting pressure from persistently weak economic indicators.