Govt introduces landmark reform for ease in imports, exports: PM Imran
Last updated on: 12 April,2021 07:52 pm
He said Pakistan Single Window will bring 500 million dollars annual savings
ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Monday said that Pakistan Tehreek-e-Insaf (PTI) government has introduced another landmark reform of Pakistan Single Window Act 2021 that paves the way for ease in imports and exports.
In a tweet on Monday, he said Pakistan Single Window will bring 500 million dollars annual savings and reduce cargo clearance time from days to hours by integrating 75 regulatory departments, including customs, banks, port authorities, shipping companies and brokers.
customs, banks, port authorities, shipping companies & brokers etc. An indep authority will manage the PSW which will be pivotal in unlocking Pakistan’s potential to become a hub for international transit & trade.
— Imran Khan (@ImranKhanPTI) April 12, 2021The prime minister said an independent authority will manage the Pakistan Single Window, which will be pivotal in unlocking Pakistan s potential to become a hub for international transit and trade.
Earlier today, Imran Khan revealed that remittances in the country have remained over $2 billion for the 10th consecutive month despite coronavirus pandemic.
Prime Minister took to his official twitter handle and thanked overseas Pakistan and said the love and commitment of them to Pakistan is unparalleled.
The premier further said that the remittances rose to $2.7bn in March, 43% higher than last year and so far in the current year remittances have risen 26%.
— Imran Khan (@ImranKhanPTI) April 12, 2021
On the other hand, State Bank of Pakistan (SBP), in a tweet, said that remittances continued their record run of above $2bn for 10th consecutive month in March.
At $2.7bn, remittances were up 20% compared to Feb & 43% compared to March 2020. Cumulatively, they have risen to $21.5bn during Jul-Mar FY21, up 26% over the same period last year, the central bank said.
— SBP (@StateBank_Pak) April 12, 2021