Abb Takk News

Govt Can’t Provide Illegal Relief of Rs 15 Billion To Textile Companies: Dawood

ISLAMABAD: Prime Minister Advisor on trade and industry Abul Razzaq Dawood has said that the government can’t provide a mammoth relief of Rs 15 billion illegally.

Adviser on Trade and industry said that the textile companies brokered the deals in greed after lowering of dollar value while they faced a loss of Rs billion after a sudden increase in the dollar prices.

The adivsor said that some companies also brokered deal on basis of the future trading while the companies wanted compensation for their losses.

Abdul Razzaq Dawood said that the companies decisions were not proved to right while their demands are unjust.

He said that he has raised the issue of the losses of the companies on the higher level adding that his point of view on the losses of the companies supported in a high level meeting.

He categorically said that it is decided in the meeting not to compensate the companies from the people money.