‘Govt responsible for decline in textile exports’

Pakistan Apparel Forum chairman says delay in refunds hurting exporters


Our Correspondent March 26, 2017
PHOTO: REUTERS

KARACHI: Pakistan Apparel Forum Chairman Muhammad Jawed Bilwani said Saturday that the government is responsible for the current decline in textile exports because of its delay in refunds to exporters.

According to Bilwani, the government still hasn’t released Rs250 million to exporters which has hurt the textile industry.

Despite govt support, Pakistan’s textile industry lags behind

“This is not a business friendly government which it previously claimed to be,” he said. “The country’s exports, especially from the textile industry, are not among the government’s priorities. The textile ministry is still being run without a minister and the delaying tactics in payment of refunds has brought disastrous effects.”

The textile exports have reduced by 2.53% in February 2017 compared to the same month in the previous year, according to a recent report compiled by the Pakistan Bureau of Statistics. Meanwhile, exports in February 2017 decreased by 6.48% compared with the previous month.

Textile bodies put off black day protest plan

The Pakistan Apparel Forum chairman lamented that the current government’s marginalisation of the export sector is the primary reason for the fall in numbers.

“When the PML-N-led government took over in 2013, Pakistan’s exports in fiscal year 2012-13 were $24.5 billion, where textile exports stood at $12.8 billion. However, exports saw a drastic decline in fiscal year 2015-16 after coming down to $20.8 billion, while the share of textile industry was still stagnant at where it was in 2012-13,” he said.

Bilwani added that if the government fails to control the situation, then it would further deteriorate in the coming months. “To provide breathing space to the industry, it is important that refunds to exporters be released on priority basis; otherwise, the country’s export targets cannot be achieved.”

Published in The Express Tribune, March 26th, 2017.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS (1)

shahid | 4 years ago | Reply I completely agree . it is the government responsible for textile export down fall.. I will talk of USA, as textile technology is not advance technology there are more than forty countries exporting clothing to USA. Vietnam. india, ,Bangladesh, sri lanka, ,indonesia has made lot of headways while Pakistan is loosing even their establish markets. There is a big down fall in Pakistan's towels, bedsheets and ready made garments exports. Goverenment has to understand that it is a very competitive field and unless it gives a level playing field their exports may fall next to nothing.
Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read