Islamabad: Ministry of Finance has approved release of Rs.
12.640 billion as subsidy on power supply to industrial sector.
It may be recalled that in 2016, Government had also provided
industrial support subsidy amounting to Rs. 5.6 billion.
In this connection, Finance Minister, Senator Ishaq Dar has said that
government’s support to industrial sector is the part of Prime Minister’s Industrial Support Package
announced in February 2016. The subsidy aims to boost the manufacturing
activity and help enhance exports of value added products.
“It also aims to
stimulate economic activity leading to greater job opportunities in the
country”, the minister said
