Textiles support export-oriented policies
Islamabad: As the country moves towards the negotiation of another International Monetary Fund (IMF) loan program, the textile industry has called on the government to formulate export-oriented policies by reducing energy duties and tax rates to make the industry competitive in the global market. In a letter to Finance Minister Muhammad Aurangzeb, the All Pakistan Textile Mills Association (Aptma) stressed that as the country was about to negotiate a new IMF programme, a fundamental reform required was to promote an export-centric culture in all sectors of the economy. . He was of the view that the new program should cover
