The government approved a plan to generate foreign exchange by selling donkey skins, which will be exported to China. The Prime Minister gave his approval to present a summary of this plan to the federal cabinet.
The government is exploring various options to boost exports, and it has been reported that exporting donkey skins and other items to China is part of the plan.
To regulate the export of different products to China, the government will sign four protocols with the Chinese government. Once the export regulations are in place, Pakistan will export donkey skins to China for processing purposes.
Apart from donkey skins, other products such as dry chilies, beef, and dairy products will also be exported to China. Prime Minister Shehbaz Sharif approved the presentation of the plan in the federal cabinet. In addition, three committees had been formed by the government to implement the economic plan, with the Apex Committee being chaired by the Prime Minister.
The Apex Committee on Economic Recovery, which included the army chief and the chief ministers of the four provinces, will develop a framework for foreign investment.
The first meeting of the Special Investment Facilitation Council (SIFC) was attended by Chief of Army Staff (COAS) General Asim Munir, chief ministers, governors, and other senior officials at the Prime Minister’s House under the leadership of Prime Minister Shehbaz Sharif. During the meeting, a national plan for Pakistan’s economic revival was formulated.
The economic recovery plan aimed to establish a national strategy and provide relief from crises. The council’s objective is to remove obstacles to foreign investment and create opportunities for new investments.