Pakistan textile incentive package disbursal to start soon

YarnsandFibers News Bureau 2017-04-06 12:00:00 – Lahore

At a seminar on the ‘Ease of Doing Business in Pakistan’, Khurram Dastgir Khan, commerce minister announced that the first installment of the Rs180 billion textile incentive package will be disbursed in the coming few days as funds have been released for the purpose.

Khan said that Pakistan has been ranked as one of the top ten economies that introduced revolutionary reforms to enhance the ‘ease of doing business’ manifold.

On energy crisis, the minister claimed the industrial feeders are now free of outages and smooth supply is being ensured to industries around the clock, while domestic outrages will end next year as a number of power projects will come online by then.

They are alive to the fact that energy and law & order are critical for not only the industrial progress but also for the creation of jobs, the minister observed.

Earlier, Governor Punjab Rafique Rajwana in the opening session of the conference highlighted that Foreign investors have once again started reposing their trust in Pakistan due to the government’s efforts for creating business-friendly environment.

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