Commerce Minister orders impact assessment of recent EDF projects

Commerce Minister orders impact assessment of recent EDF projects

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has directed a thorough impact assessment and analysis of projects funded by the Export Development Fund (EDF) in recent years.

This directive aims to evaluate how these initiatives have bolstered export development and to identify areas for improvement.

The Ministry of Commerce has communicated this directive through a series of letters to various stakeholders involved in EDF-funded projects.

Furthermore, these letters, including one addressed to the Rice Exporters Association of Pakistan (REAP), highlight the need for detailed progress reports and updates on specific projects.

Among the highlighted projects are REAP’s projects, Child Labour Elimination, a Program in the Soccer Ball Industry of Sialkot, the Placement of hi-Scan E-Ray Inspection System at Sialkot International Airport, Italy- Pakistan Technological Center, Sports Goods Training and Facility Center at Sialkot, Sialkot Tanneries Zone, Cutlery Institute of Pakistan, Wazirabad, Export Development Training Program in Ready Garments and Knitwear Industry and others.

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In addition, the letters demand comprehensive information on these projects to be submitted within three weeks, emphasizing the urgency and importance of this assessment.

However, Minister Khan’s directive aims to ensure accountability and transparency in the utilisation of the EDF.

By assessing the impact of these projects, the Ministry seeks to determine their effectiveness in promoting Pakistani exports and to guide future funding decisions.

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