Related Keywords: cash incentives, credit subsidies, delay the approval, Economic Coordination Committee, future exports and investment, Heimtextil fair, incentive package, Pakistan exporters, Pakistan textile policy, PRGMEA, tax exemptions
Pakistan exporters disappointed with the decision of the Economic Coordination Committee to delay the approval of the second five-year Pakistan textile policy 2014-19 for another couple of weeks, as they were eagerly awaiting cash incentives for their future exports and investments.
The textile policy was originally due in September. The sooner the policy is finalised, the better for the industry and textile exports, as the Heimtextil fair [in Germany] is fast approaching.