Pakistan disburses Rs 14 billion for textile sector in 2017

Pakistan disbursed Rs 14 billion among the textile sector against claims for Rs 21 billion through the State Bank of Pakistan under the Prime Minister’s Export Enhancement Package till December 21 last year. 


The Rs 162-billion package was launched to help the sector gain competitiveness in the international market and enhance the country’s textile exports.

The government also offered procedural and tax relaxations on the import of textile machinery to modernise the industry and enhance the capacity of the sector, a senior official of the ministry of commerce and textiles industry told a Pakistani news agency. 

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