Page 21 - TEXtalks. March- April 2023

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APTMA pleads with

the government for

resolving issues

A delegation of the All Pakistan Textile Mills minister about its contribution to the revenues,
Association (APTMA) headed by its Patron-in-Chief employment generation, and exports of Pakistan despite
Dr. Gohar Ejaz met Federal Minister for Finance and the challenges being faced by the APTMA members.
Revenue Senator Mohammad Ishaq Dar to apprise
him of the difficulties faced by the sector. The APTMA The delegation further apprised the finance minister
delegation extended their all-out support to the about the issues being faced by the textile industry in
government in the economic development of the terms of gas and electricity supply and their prices,
country and stated that they realise the tough and regarding imports and exports. The major issues
situation being faced by the Finance Ministry. The being faced by APTMA members included liquidity
finance minister acknowledged the contribution of the crunch due to hold-up sales tax refunds, stuck import
APTMA to the economic growth of the country. of raw materials due to LC opening issues, and
In view of the importance of the issues other regionally competitive energy tariff.
government dignitaries that were present on the
occasion included Federal Minister for Commerce The Finance Minister assured to provide maximum
Syed Naveed Qamar, SAPM on Revenue Tariq Pasha, support of the government to the textile industry in
Governor SBP, Chairman FBR, Secretary Power, order to boost the export-led growth of Pakistan. He
Additional Secretary Commerce and senior officers also directed the relevant authorities to address and
from relevant ministries. resolve their issues on a priority basis.

Dar welcomed the delegation, highlighted the As far as the provision of regionally competitive
economic and financial outlook of the country, and energy is concerned the Federal Minister of
expressed the resolve of the government to Commerce Naveed Qamar has already announced in
overcome these challenges and set the economy the Senate the subsidies on power and gas were
towards growth. The delegation briefed the finance withdrawn on IMF demand and will not be restored.

March/April 2023