Export-led growth cure for country's economic woes: Ahsan Iqbal.

ISLAMABAD -- Federal Minister for Planning Development and Special Initiatives Prof. Ahsan Iqbal on Friday said that export-led growth is the cure for our economic woes for boosting the country's economic growth.

The Ministry for Planning Development and Special Initiatives will recommend to Prime Minister, Muhammad Shahbaz Sharif that an export emergency should be declared to take the country out of economic quagmire; said the Minister for planning, while meeting the top Pakistani exporters, said a press release issued here.

The meeting was attended by the Exporters Representatives from Steel, Pharmaceutical and Textile sectors, who also apprised the minister about the problems faced by them in the course of doing business and exporting indigenous products abroad.

The Minister while assuring them about the full-fledged support of the Government remarked that we will provide all-out support to the Industrial sector for resolving their issues.

He also asserted that the business community should present to the Government of any red-tapism or any other bottlenecks in the way of undertaking any venture, 'we will cut Red Tape', said the Minister.

He added that the incumbent Government is pursuing a business-friendly policy and promoting a conducive environment for entrepreneurs.

The Minister said that in the past, we learnt to consume instead of earning. He also said that the survival of the country depends on the premise that whether we can enhance our exports from $32 billion to $100 billion in the shortest possible...