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Pak govt assures APTMA to consider budget proposals
30 May '16
1 min read
Pakistani Finance Minister Mohammad Ishaq Dar has assured the All Pakistan Textile Mills Association (APTMA) that the government is committed to enhance textile exports and will consider the its proposals for the 2016-17 Budget.
Dar's comments came during a meeting with a delegation of APTMA in Islamabad on Sunday. The delegation shared with the Minister details on the current profile of textile sector in the country and also apprised him about their budget proposals.
Dar said all possible facilitation would be extended to the textile sector in the budget 2016-17 and acknowledged that the sector is a vital revenue earner for the country.
The Minister added that while the government was prepared to facilitate all sectors of the economy, it also expected them to strengthen government's efforts for revenue generation and economic growth.
Earlier this month, the APTMA in its Budget proposals urged the government to allow duty and sales tax exemption on import of raw and ginned cotton, considering the shortfall in the local cotton output. (SH)
Dar's comments came during a meeting with a delegation of APTMA in Islamabad on Sunday. The delegation shared with the Minister details on the current profile of textile sector in the country and also apprised him about their budget proposals.
Dar said all possible facilitation would be extended to the textile sector in the budget 2016-17 and acknowledged that the sector is a vital revenue earner for the country.
The Minister added that while the government was prepared to facilitate all sectors of the economy, it also expected them to strengthen government's efforts for revenue generation and economic growth.
Earlier this month, the APTMA in its Budget proposals urged the government to allow duty and sales tax exemption on import of raw and ginned cotton, considering the shortfall in the local cotton output. (SH)
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