Textiles and Apparel Sector Seeks Predictable Policy Interventions; Commerce Minister Assures Budgetary Support
Islamabad, May 24, 2025: A delegation of the Pakistan Textile Council (PTC) led by Chairman Mr. Fawad Anwar, Mr. Asif Tata (Chairman, Naveena Group) and CEO Mr. Muhammad H. Shafqaat met with the Federal Minister for Commerce Jam Kamal Khan. The meeting focused on tariff and tax rationalization, energy pricing, green investments, and other policy […]
PTC Proposal For Textile Policy 2025
The Textile and Apparel Policy 2020-2024 set ambitious export targets, projecting exponentialexport growth (up to USD 40 billion) by FY 2024-25. The annual textile export projections for the lasttextile policy period (FY21 to FY24) were as follows: US$ 20 billion, US$ 25 billion, US$ 31 billion,and US$ 40 billion, respectively. PDF File URL :https://ptc.org.pk/wp-content/uploads/2025/03/PTC-Proposal-For-Textile-Policy.pdf
Exporters warn EFS changes could disrupt trade, raise costs 7th March 2025
The Pakistan Textile Council (PTC) has called for revising key provisions, including restoring the 30-day processing timeline for approvals, increasing provisional input access to 50 percent, and maintaining the 30-day monitoring period. It also opposes the cap on B-grade goods at 5 percent, the removal of carry-forward provision for unused inputs, and a drastic reduction […]
EFS amendments spark concerns among textile exporters 7th March 2025
The Pakistan Textile Council (PTC), a not-for-profit research and advocacy platform, has voiced concerns over the proposed amendments to the Export Facilitation Scheme (EFS) introduced by the Federal Board of Revenue (FBR). The textile council, in a letter addressed to Secretary Export Policy (FBR), highlighted that any modifications that fail to safeguard the interests of […]
PTC Warns Against Hasty Changes to Export Facilitation Scheme 6th March 2025
ISLAMABAD: The Pakistan Textile Council (PTC) has expressed serious concerns over the Federal Board of Revenue’s (FBR) proposed amendments to the Export Facilitation Scheme (EFS), cautioning that the changes could negatively impact Pakistan’s export sector. According to a statement from the PTC, the modifications outlined in S.R.O. 204 (1)/2025 might introduce operational inefficiencies and impose unnecessary compliance […]
Pakistan Textile Council voices concerns over proposed amendments to EFS 6th March 2025
The Pakistan Textile Council (PTC), a not-for-profit research and advocacy platform, has voiced concerns over the proposed amendments to the Export Facilitation Scheme (EFS) introduced by the Federal Board of Revenue (FBR). The textile council, in a letter addressed to Secretary Export Policy (FBR), highlighted that any modifications that fail to safeguard the interests of […]
Textile council raises alarm over export scheme modifications 6th March 2025
ISLAMABAD: The Pakistan Textile Council (PTC) has urged the Federal Board of Revenue (FBR) to exercise caution in amending the Export Facilitation Scheme (EFS), warning that changes that fail to safeguard industry interests could negatively impact Pakistan’s exports. In a letter addressed to the Secretary of Export Policy at FBR, PTC provided recommendations on the […]
Recalibrating Policies: a strategic imperative for Growth and Stability March 6 2025
M H Shafqaat Pakistan’s economy is slowly picking up pace, with fiscal consolidation under the International Monetary Fund (IMF) programme. However, the tightening measures being employed are placing an immense pressure on the industrial sector. While the government remains committed to stabilising public finances, the concurrent rise in energy costs, increased taxation and liquidity challenges […]
Only Export-LED Growth 24 february 2025
Pakistan’s inflation growth rate is clocking below 3% in current months; the dollar is stable; foreign reserves are up, exports are up while remittances and the stock market are at record levels. Apparently, the government has done well in the last one year. So why is there pessimism? Why are businesses crying? Can it all […]
Pakistan Textile Council (PTC) Press Release February 16, 2025
Pakistan Textile Council (PTC) Engages in High-Level Discussions to Address Textile and Apparel Sector’s Challenges with recommendations of Economic growth of Pakistan Islamabad, February 16, 2025 — The Pakistan Textile Council (PTC), under the leadership of Chairman Mr. Fawad Anwar, has recently engaged in a series of strategic meetings with key government officials to address […]