BR100 Decreased By (-0.04%)
BR30 Decreased By (-0.32%)
KSE100 Increased By (0.01%)
KSE30 Increased By (0%)
AGHA 6.74 Increased By ▲ 0.06 (0.9%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.00 Decreased By ▼ -0.32 (-0.56%)
BOP 30.33 Decreased By ▼ -0.02 (-0.07%)
CNERGY 13.08 Decreased By ▼ -0.04 (-0.3%)
CSIL 5.40 Decreased By ▼ -0.01 (-0.18%)
FCCL 52.70 Decreased By ▼ -0.09 (-0.17%)
FFL 14.61 Decreased By ▼ -0.11 (-0.75%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.17 Increased By ▲ 0.08 (1.31%)
KOSM 6.08 Increased By ▲ 0.35 (6.11%)
LOTCHEM 26.40 Decreased By ▼ -0.06 (-0.23%)
MLCF 92.88 Decreased By ▼ -0.28 (-0.3%)
NBP 164.90 Increased By ▲ 0.24 (0.15%)
NCPL 55.51 Decreased By ▼ -0.15 (-0.27%)
NPL 60.79 Decreased By ▼ -0.37 (-0.6%)
OGDC 315.74 Decreased By ▼ -0.99 (-0.31%)
PACE 9.95 Increased By ▲ 0.08 (0.81%)
PAEL 35.59 Decreased By ▼ -0.04 (-0.11%)
PIBTL 14.80 Increased By ▲ 0.12 (0.82%)
PPL 223.76 Decreased By ▼ -3.15 (-1.39%)
PRL 92.59 Decreased By ▼ -0.43 (-0.46%)
PTC 60.35 Increased By ▲ 0.09 (0.15%)
SSGC 23.75 Decreased By ▼ -0.06 (-0.25%)
TBL 8.80 Increased By ▲ 0.05 (0.57%)
TELE 7.78 Decreased By ▼ -0.02 (-0.26%)
TPL 22.34 Decreased By ▼ -0.01 (-0.04%)
TPLP 12.85 Decreased By ▼ -0.12 (-0.93%)
TREET 22.10 Decreased By ▼ -0.06 (-0.27%)
TRG 56.78 Increased By ▲ 0.22 (0.39%)
Business & Finance

PM orders full digitalisation of National Tariff Commission

  • Reviews meeting on ongoing reform measures to make the performance of the National Tariff Commission more effective and aligned with international standards
Published Updated

Prime Minister Shehbaz Sharif directed on Tuesday that all operational functions of the National Tariff Commission (NTC) should be fully digitalised to ensure transparency and quality.

A review meeting on ongoing reform measures to make the performance of the NTC more effective and aligned with international standards was held in Islamabad under the chairmanship of PM Shehbaz, said the Prime Minister’s Office (PMO) in a press release today.

During the meeting, the chairman of NTC briefed participants on the legal, administrative, and financial reforms underway in the institution under the roadmap approved by the PM.

The premier said that after the institutional restructuring of the commission, its effective performance was essential for increasing domestic industry and investment.

READ MORE: Govt decides to revamp National Tariff Commission

“The prime minister directed that the legal and administrative issues of the NTC should be resolved under a comprehensive strategy in the context of promoting industry, trade, and investment,” the PMO said.

He also emphasised that the NTC should ensure facilitation for investors and industrialists and take special measures to protect them from legal and other complexities.

The premier directed that the best international practices should be reviewed to align the institution’s restructuring and performance with global standards.

National Tariff Commission, established under the National Tariff Commission Act, 2015, is Pakistan’s statutory trade remedies authority mandated to conduct quasi-judicial investigations into dumping, subsidised imports, and sudden surges in imports that injure the domestic industry.

Comments

200 characters remaining