AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

ISLAMABAD: Caretaker Federal Minister for Commerce and Industries and Production, Dr Gohar Ejaz, on Wednesday, set an ambitious target of $25 billion in textile exports for the current financial year against the $16 billion target for the last fiscal year.

The minister also pledged a swift revival of all shuttered industries within the country, with a tight deadline of just one month. During a meeting convened with the Pakistan Textile Exporters Association, led by Khurram Mukhtiar, Gohar outlined his vision. The minister assured that each industry currently closed for various reasons would see reopening by September 30.

Comparing this year’s projected export figures with the previous year’s $16 billion, he expressed confidence in surpassing this milestone.

Gohar assumes charge with $80bn export goal on mind

He emphasized that all challenges obstructing their operations would be systematically addressed. Dr Ejaz asserted his willingness to personally engage with all stakeholders, including industrialists.

He affirmed his readiness to visit their premises if required, underlining his dedication to revitalising the industrial landscape. The minister requested a comprehensive list of all dormant industries nationwide, along with their specific issues.

The minister also said that pending funds owed to industries by various departments, including the Federal Board of Revenue (FBR) and customs, would be swiftly resolved.

Furthermore, he extended an open invitation to associations and businessmen, ensuring his availability to collaborate and find resolutions for their problems.

The minister assured that challenges related to gas, electricity, energy, and fund disbursement would be resolved efficiently, reiterating his commitment to fostering a thriving business environment.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Shahid Khan Aug 31, 2023 10:01am
No issue in making oneself happy
thumb_up Recommended (0)
Qaisar Saleem Aug 31, 2023 10:31am
Great news, the confidence reflecting from the minister's posiive approach is a ray of light in complete darkness.
thumb_up Recommended (0)
Sohail Aug 31, 2023 11:09am
yeh wala nasha karna hai.....
thumb_up Recommended (0)
Tulukan Mairandi Aug 31, 2023 11:10am
Fat hopes
thumb_up Recommended (0)
Tanveer Hussain Aug 31, 2023 12:35pm
Pakistan Textile Exports in July down -11.44% from the same month last year.
thumb_up Recommended (0)
Tariq Qurashi Aug 31, 2023 04:09pm
This is possible if we move to making apparel and clothing rather than exporting cloth and yarn. We need to make more value added products. Also if Gohar Sahib manages to simplify the red-tape and bottlenecks standing in the way of increased exports we may get good results.
thumb_up Recommended (0)
TidBit Sep 01, 2023 09:04pm
Why not set the target to $50 billion. It looks even better.
thumb_up Recommended (0)