Textile sector gets Rs25.5bn under PM trade package

ISLAMABAD: Ministry of Commerce and Textile has revealed that Rs25.5 billion has been given to the textile sector in first phase under the prime minister’s trade enhancement package.

According to a report quoting a senior official of Ministry of Commerce and Textile, 2.6 billion rupees was disbursed to the textile sector in first two months during Phase II from 1st July to August 07.

The report said that Ministry of Commerce and Textile had assured payments through Prime Minister “Trade Enhancement Package” to the textile sector by February 2019 to enhance the country’s exports.

The report said that the government had planned to expand coverage areas under the Trade Enhancement Package” to remaining industrial sectors including pharmaceuticals.