PRGMEA urge govt to allocate Rs60bn for export industry

Related Keywords: at least Rs sixty billion, customs and sales tax rebate, drawback of local taxes and levies scheme, enhance exports, export oriented industry, PRGMEA, Prime minister package, release of stuck tax refund claims, upcoming budget under the prime ministes package, urged government to allocate, value-added textile industry

Lahore
PRGMEA urge govt to allocate Rs60bn for export industry
Summary: 
Appreciating the prime minister for announcing the Rs180 billion package for enhancing exports, The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the government to allocate at least Rs60 billion for the export-oriented industry in the upcoming budget 2017-18 under the prime minister’s Rs180 billion package.

Appreciating the prime minister for announcing the Rs180 billion package for enhancing exports, The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the government to allocate at least Rs60 billion for the export-oriented industry in the upcoming budget 2017-18 under the prime minister’s Rs180 billion package.

They have also asked for the release of stuck tax refund claims of exporters, including the drawback of local taxes and levies scheme, customs and sales tax rebate, etc.

https://tribune.com.pk/story/1416581/garment-manufacturers-seek-rs60b-export-industry/
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Pakistan apparel sector along can generate $500m through exports if provided gas

Related Keywords: allocated 100 MMCFD gas, employment, export oriented industry, exports to EU, focus on apparel industry, gas and power supply, generate $500 million, generate foreign exchange, Pakistan government, Prgmea urged, spinners facilitated, value-added textile industry

Lahore
Pakistan apparel sector along can generate $500m through exports if provided gas
Summary: 
The Pakistan government has allocated about 100 MMCFD gas to the entire export-oriented industry but now the spinners are being facilitated only. The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Central Chairman Ijaz Khokhar as requested MoC to keep focus on apparel industry which can generate foreign exchange, contribute to local taxes and generate employment,

The Pakistan government has allocated about 100 MMCFD gas to the entire export-oriented industry but now the spinners are being facilitated only. The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Central Chairman Ijaz Khokhar as requested MoC to keep focus on apparel industry which can generate foreign exchange, contribute to local taxes and generate employment.

(PRGMEA has urged the govt to prioritize value-added textile industry in energy supply on the patron of Bangladesh, as the garment industry is presently without gas in Punjab.

http://customstoday.com.pk/500m-exports-possible-if-value-added-textile-chain-provided-gas/
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Revaluation in Pakistan exchange rate to cause adverse effect on export revenue

Related Keywords: Pakistan exchange rate, value-added textile industry

Lahore
Revaluation in Pakistan exchange rate to cause adverse effect on export revenue
Summary: 
Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is concern over this and urged for government support to even out this negative effects of sudden appreciation of the exchange rate on their revenues.

Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is concern over this and urged for government support to even out this negative effects of sudden appreciation of the exchange rate on their revenues.

While, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has demand to put in place a system which will support the exporters from the negative impact of rupee revaluation on their tight liquidity.

http://www.dawn.com/news/1099938/strong-rupee-cuts-exporters-revenue
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