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 […]
Pakistan Textile Council (PTC) Press Release 1st Feb
Pakistan Textile Council (PTC) Hosts Delegation from International Cotton Advisory Council (ICAC) to Strengthen Sustainable Cotton Production and to meet the international quality and sustainability standards Islamabad, February 1, 2025 – The Pakistan Textile Council (PTC) today welcomed a distinguished delegation from the International Cotton Advisory Council (ICAC), led by Executive Director Mr. Eric Trachtenberg […]
Pakistan Textile Council (PTC) Press Release
Pakistan Textile Council (PTC)Press ReleaseIslamabad, January 26, 2025 PTC Decries Gas Tariff Hike for Captive Power Plants as a Blow to Pakistan’s Textile Exports and Exhibits Anti-export Bias The Pakistan Textile Council (PTC) which represents 30% of Pakistan Textile export earnings, expresses its grave concerns over the Economic Coordination Committee’s (ECC) recent decision to increase […]
Press Release PTC
Press ReleasePakistan Textile Council Expresses Grave Concern over the news that Government is considering Gas Price Hike for Captive Power Plants Islamabad, January 2, 2025 – The Pakistan Textile Council (PTC), under the leadership of Chairman Mr. Fawad Anwar, has issued a pressing appeal to the government to reconsider the anticipated increase in gas prices […]
PTC chief warns of looming economic challenges
PTC chief warns of looming economic challenges admin January 1, 2025 News Article Link: The News KARACHI: Chairperson of the Pakistan Textile Council (PTC) Fawad Anwar has expressed grave concerns over the country’s economic performance in the first quarter of FY2024-25. According to official data, the country posted a modest growth rate of 0.92 per […]
Oh, Textiles! What business you are in?
Oh, Textiles! What business you are in? admin December 18, 2024 News Article Link: Business Recorder “A slow sort of country!” said the Queen. “Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice […]
PTC Chairman, Fawad Anwar, warns of serious economic disruption if gas cuts to CPPs implemented.
Gas cuts to CPPs will be disastrous admin November 8, 2024 News Article Link: Tribune KARACHI: Large and medium-sized industrialists have urgently called on the government to reconsider a recent decision to suspend gas supply to captive power plants (CPPs). They warn that this move could shut down over 1,300 factories, displace over three million […]
Halt to gas supply may prove catastrophic
Halt to gas supply may prove catastrophic admin November 6, 2024 News Article Link: Tribune Textile council urges govt to reconsider captive power plant strategy KARACHI: Pakistan Textile Council has urged the government to look into its captive power policy in more detail as the planned discontinuation of gas (indigenous and liquefied natural gas – […]