Related Keywords: Abbas Khan, approved by ECC, boost economy, boost exports, create employment, double textile exports, Export Refinance Scheme, focus on value added products, Long-Term Financing Facility, Pakistan textile and clothing sector, production chain, resolve energy crisis, Textile Minister
The Pakistan textile industry finally gets its new Textile Policy 2014-19 as the Economic Coordination Committee of the Cabinet (ECC) gives approval. Announcing the new textile, the Textile Minister, Abbas Khan on Monday said that an amount of Rs 64.15 billion was proposed for next five years against the allocation of Rs 188 billion for the last textile policy 2009-14. This is help boost country’s exports of textile and clothing sector to $26 billion by 2019 from $13 billion.
