Commerce minister, secretary removed as new EDF law curbs bureaucracy's role

Export Development Fund. Design: Ibrahim Yahya

The government has notified a new private sectorΒ–dominated board of administrators of the Export Development Fund (EDF) to scrutinise spending from the fund's proceeds and limit the role of the bureaucracy in managing its affairs.

According to an official notification, the 22-member board will be headed by Omer Saeed, Chief Executive Officer of Service Long March Tyres Limited. Commerce Minister Jam Kamal Khan and the secretary commerce have been removed from the board as chairman and vice chairman after amendments w

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