New economic plan targets textile exports worth $25b


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ISLAMABAD: Caretaker Federal Minister for Commerce and Industries and Production, Dr Gohar Ejaz, has set forth an audacious plan for Pakistan’s economic expansion, announcing a formidable goal of achieving $25 billion in textile exports for the current year. Driven by this vision, he has also pledged the swift revival of all dormant domestic industries within just one month.

In a pivotal meeting with the Pakistan Textile Exporters Association, chaired by Khurram Mukhtiyar, Ejaz unveiled his roadmap. Comparing this year’s projected exports to the previous year’s $16 billion, he exuded strong confidence in surpassing this milestone. Assuring a proactive approach, the minister declared that every industry currently closed for diverse reasons would reopen by September 30.

Demonstrating hands-on involvement, the minister expressed his willingness to personally engage with stakeholders, including industrialists. He underscored his dedication to revitalising the industrial landscape and even offered to visit their premises if necessary.

Requesting a comprehensive list of dormant industries nationwide, he guaranteed speedy resolutions for pending funds owed to industries by various departments, including the FBR and customs.

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