Exporters meet Miftah Ismail, discuss textile growth issues

ISLAMABAD: A Pakistan Textile Exporters Association (PTEA) delegation led by its chairman Shaiq Jawed met Dr Miftah Ismail, Adviser to Prime Minister on Finance here on Tuesday and discussed matters related to growth of textile exports.

The delegation requested for processing of tax refund, drawback cases on priority basis to resolve liquidity issues faced by exporters/manufacturers. The capital thus made available could be utilised by them towards expanding their businesses to increase country’s export earnings, a press release issued by the Ministry of Finance said.

The delegation also discussed matters regarding smooth supply of energy and electricity to textile industry on uniform and economical rates for optimal production.

Adviser Miftah Ismail said the textile industry was backbone of the economy and a major foreign exchange earner.

He said the government had taken important measures for enhancing exports and would extend all possible support to the textile industry along with other sectors of the economy and provide an environment, conducive to fostering business activities.

Mitfah said the export growth in the recent months was heartening and the exporters should put in greater efforts to make sure that the rising trend was maintained in the future.

He said the issues raised by the delegation would be given due consideration and necessary measures would be taken to address them accordingly.