Pakistan PRGMEA Asks The Government To Implement The Leading Textile Policy

Nussle, President of the North District branch of the Pakistan apparel and Garment Manufacturers Association (PRGMEA), said on Monday that the government's policymakers have a proactive textile industry approach, such as the pfer of orders from cost growth to China, the most likely trade concessions in Europe and America, and the recovery of the world economy.

This is what Nussle said at a press conference at the Executive Committee of the North Branch of the Pakistan garment garment manufacturers and Exporters Association.

Nussle said that this year, Bangladesh's

Nussle said that the government should implement the tax refund policy to the value-added departments in accordance with the provisions of the tax rebate plan for tax collection in 2009.

Similarly, he stressed that the tax rebate plan for fiscal year 2011-12 should also be guaranteed by the relevant legislators so that the export growth of the country can be maintained.

It is worth mentioning that the government has formulated a textile policy, which is the first time in the history of the state to formulate such a textile policy, approving the rebate of 17 billion rupees in fiscal year 2009-10, and the tax rebate approved in fiscal year 2010-11 is 27 billion rupees.

Former finance minister, Tallinn and predecessors

So far, the government has appropriated only 14% of the tax rebates announced in fiscal year 2009-11, Nussle said.

In the meantime,

Nussle said that if the government could not formulate incentive plans to attract buyers, foreign orders could turn to Bangladesh and China.