The government held a meeting to discuss changing the foreign exchange policy about trading spicy foods and oily grains. Trade Minister Yasmin Wahab led the discussion.
The trade minister said the government is making different policy changes to increase the production of oil and spice products. This will also help get more foreign money. The Minister explained that the government’s macro-economic amendment aims to improve farming and help sell these products to other countries. This change in foreign exchange policy will help with the current shortage of foreign money.
Minister Wahab said these policy changes are made to attract foreign investors and get them to work with local private investors. This will help solve problems with technology and make the market more competitive. Trade Minister projected that this sector could earn $7 million in the 2017 budget year.
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Hi to all,
What about Advance Rulling? After 5years ERCA, Customs will levy Tax Terrorism and No Government Departmebt Will Come forward to help investors. We should have Tax Reforms alongwith Industrial and Financial Reforms