• Calls for reducing tax burden on agriculture and introducing reforms to enhance productivity
• Welcomes provincial funding for agricultural projects, terming them key to sectoral growth
• Instructs fast-tracking of second and third phases of Genco privatisation

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday reaffirmed the government’s commitment to revitalising the agriculture sector, urging relevant authorities to reduce tax burden on the sector. He also called for introducing sustainable reforms to boost the sector.

Describing the agriculture sector as the backbone of the national economy, the prime minister emphasised that the introduction of sustainable reforms in agriculture will not only boost the country’s economic development but also significantly enhance per-acre yield and reduce production costs.

Presiding over a high-level meeting on agricultural sector reforms, the prime minister directed the relevant authorities to gradually reduce taxes on agricultural machinery and tools in order to encourage farm mechanisation across the country. He also instructed to expedite efforts aimed at increasing the........

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