Balochistan seeks economic package

Published June 9, 2015
The business community has sought an incentives package for Balochistan to help accelerate its economy.  -Online/File
The business community has sought an incentives package for Balochistan to help accelerate its economy. -Online/File

ISLAMABAD: The business community has sought an incentives package for Balochistan to help accelerate its economy.

The demand came from Quetta and Chaman chambers at a time when the federal government announced a package for Khyber Pakhtunkhwain in the budget 2015-16 by offering certain relief measures.

In their separate letters sent to Finance Minister Ishaq Dar, both the chambers sought a “similar package for Balochistan” because the province is equally hit by economic instability due to deteriorating law and order situation and there was not a conducive environment for businesses due to violence and targeted and sectarian killings.

“The economy of Balochistan may collapse because of these depressing factors and it needs immediate support from the government,” the letter said.

In the latest budget, the federal government announced a five-year income tax holiday on all new manufacturing units set up in KP between July 1 and June 30, 2018.

The exports of perishable products, like fruits, vegetables, dairy products and meat shall be allowed against the rupee instead of the US dollar from next month.

The Quetta Chamber of Commerce and Industry (QCCI) said that the government announced the package for KP on the plea that the province shares a long border with Afghanistan, and Kabul is a productive and lucrative market for the business community of the province.

The same principle should be applied on Balochistan because it also shares a vast border with Afghanistan and there was an increasing trend of bilateral trade between the business community of the province and Afghanistan, it said.

The Chaman Chamber of Commerce and Industry (CCCI) in its letter mentioned the same grounds on which an economic package should be given to the province.

Published in Dawn, June 9th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Editorial

Dark days
Updated 26 May, 2022

Dark days

The PTI, on its part, does not seem to have been prepared to face such a large deployment of state machinery.
26 May, 2022

No room for dissent

WHILE political turmoil roils the land, a number of incidents over the past few days have demonstrated that though...
26 May, 2022

Harassing passengers

REPORTS of the confiscation of personal items from passengers’ private luggage by customs officials at Karachi’s...
Back to bedlam
Updated 25 May, 2022

Back to bedlam

FEAR tactics have never worked in the past, and most likely will not this time either. The government’s ...
25 May, 2022

Balochistan blaze

THE forest fire on the Koh-i-Sulaiman range in Balochistan’s Shirani area is among a series of blazes to have...
25 May, 2022

Unequal citizens

INDIFFERENCE would have been bad enough, but the state’s attitude towards non-Muslims falls squarely in the...