Federal govt to disburse Rs162b for boosting textile exports

LAHORE: The Federal government will disburse Rs 162 billion for boosting textile sector through prime minister “Trade Enhancement Package” during the current fiscal year across the country.

SAARC Chamber Vice President and United Business Group Chairman Iftikhar Ali Malik while chairing a core committee meeting of the group here on Friday said that Commerce and Textile Federal Minister Muhammad Pervaiz Malik assured him on the occasion of 5th export trophy award ceremony of Federation of Pakistan Chamber of Commerce and Industry in Karachi.

He said, “We have also been assured by the minister of timely payments to textile exporters.” He said the government has accorded top priority to the textile sector and helping it to gain competitiveness to enhance exports.

He said new government under the leadership of PM Shahid Khaqan Abbasi is committed to restoring the confidence of business community and exporters with a special focus on textile exporters.

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