This plan will be carried out with parliamentary oversight, holding the entire political system accountable for meeting the goals set out for industry revival.

Export and manufacturing industries are to be prioritised as it is the foreign exchange earned from these industries that pay for the country’s essential imports, primarily fuel and pharmaceuticals, a high official of the department disclosed.

The operating environment for export-oriented industries will be strengthened, with the supply of energy and import of essential raw material continuing uninterrupted, he added.

The Industry revival now deemed necessary as this sector has been badly hit by fuel shortages, unreliable electricity supply, lack of raw material and the precarious state of external finances during -2021-2022 period, the official opined.