5 Percent Duty On News Print Removed By PM
5 Percent Duty On News Print Removed By PM: The Prime Minister Imran Khan has announced withdrawal of 5 percent duty on news print, saying that PTI government will support the media industry and solve its problems.
The Prime Minister was talking to a delegation of representatives of Council of Newspapers Editors and Pakistan Broadcasters Association, who called on him in Islamabad on Wednesday.
He said Pakistan Tehreek-e-Insaf PTI government fully believes in freedom of expression and also welcomes constructive criticism. However, he said, the media should demonstrate responsibility.
Khan expressed the confidence that the government will soon solve problems being faced by the country through its policies, Radio Pakistan reported.
He said, “the government wants to lessen problems of the common man. Special emphasis is being laid on education, health and social sector.”
PM Khan said the government is in contact with friendly countries to overcome economic problems of Pakistan, adding that Pakistan might not have to approach the International Monetary Fund (IMF) for loans.
All Pakistan Newspapers Society (APNS) has expressed its gratitude to Prime Minister Imran Khan on exempting five percent import duty on newsprint and instructing the Ministry of Information to clear the advertising outstanding dues.
APNS President Hameed Haroon and Secretary General Sarmad Ali, in a press statement on Wednesday, thanked the prime minister for accepting the request of the APNS to waive off import duty on newsprint to bailout the newspaper industry from the monetary crisis caused by the hike in newsprint prices in the international market.
The APNS had apprised the prime minister that due to high price of newsprint and the depreciation of Pak rupee the newspapers are facing acute financial crunch and many newspapers are at the brink of closure.
The prime minister very kindly acceded to the APNS request and announced immediate withdrawal of five percent import duty on newsprint. They also thanked the premier for instructing the Ministry of Information for settlement of substantial amount of outstanding dues of the newspapers.
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