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Textile Sector Gets Rs25.5b Bailout Package

Islamabad (August 12, 2018): Ministry of Commerce and Textile has revealed that 25.5 billion rupees has been given to the textile sector in first phase under the prime minister’s trade enhancement package.

Talking to media in Islamabad, a senior official of Ministry of Commerce and Textile said 2.6 billion rupees was disbursed to the textile sector in first two months during Phase II from 1st July to 07th of this month.

The Ministry of Commerce and Textile had assured payments through Prime Minister “Trade Enhancement Package” to the textile sector by February 2019 to enhance the country’s exports.

He said the government had planned to expand coverage areas under the Trade Enhancement Package” to remaining industrial sectors including pharmaceuticals.

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