Pakistan clothing clothing manufacturing and exporters association (PRGMEA) division President Mohammad Jawed Chinoy says, government agencies, such as the textile industry and Pakistan national bank (SBP) completely ignored Pakistani textile industry and textile industry is facing serious financial crisis.
The Treasury published last month for exporters apply for issuing 15 billion tax rebate, however, Pakistan national Lucian Banks were not refund the money exporters.
Pakistan national bank is required to provide some of the funds allocated to clarify finance information, but in the former textile minister FaLuKe rana Mohammed said after the sweat abdicated textiles department is not properly concern about these problems, and textile industry requirements textile department immediately address these issues.
However, Pakistan national bank must understand the difficulty of the textile exporters, currently cotton prices generally innovation high. State bank must immediately to solve these problems, the liquidation exporters tax refund application, because exporters faces serious financial crisis.
Source "Chinese textile nets"
Author: Thai Thai editor: lara