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Pakistani industry leaders urge government to restore tax benefits for local supplies to boost textile exports.
The All Pakistan Textile Mills Association and Karachi Chamber of Commerce and Industry are urging the Pakistani government to reconsider changes to the Export Facilitation Scheme (EFS) that removed tax benefits for local supplies.
This move, part of fiscal consolidation under IMF guidelines, has disrupted the textile sector's competitiveness.
Industry leaders recommend restoring local tax benefits or eliminating them for imports to balance the domestic value chain and maintain export competitiveness.
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Los líderes de la industria paquistaní instan al gobierno a restaurar los beneficios fiscales para los suministros locales para impulsar las exportaciones textiles.