Textile exporters urge PML-N govt to forge export oriented policies

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Textile exporters have stressed the new Pakistan Muslim League-Nawaz (PML-N) government to forge export oriented policies to ensure surge in the economy. In a press statement, PTEA office bearers urged the upcoming government to give top priority to economy as Pakistan could not make sound progress without turning around its sagging economy. Energy crisis coupled with high interest rate, excessive burden of taxes and stuck up amounts in refund regimes has not only jeopardised growth of the textile industry and exports but put the survival of existing industries at stake. They said that textile sector has much hopes on the new government which is going to be formed with an industry-related background. It should be the top priority of the new government to restore the confidence of industrialists and overcome the energy crises, they said.