Islamabad, Mar 7, 2025: Federal Minister for Finance, Senator Muhammad Aurangzeb, has reaffirmed the government’s strong dedication to tackling key challenges related to taxation, energy, and financial matters.
These efforts aim to ensure the sustainable development and future expansion of Pakistan’s Textile industry
He expressed these views during a meeting at the Finance Division with the leadership of the All-Pakistan Textile Mills Association (APTMA).
The minister underscored the government’s acknowledgment of the textile industry’s pivotal contribution to Pakistan’s economy and its determination to resolve industry-related concerns.
He highlighted that overcoming fundamental obstacles is essential for fostering an enabling environment for industrial progress, promoting economic stability, and accelerating the country’s overall growth.
During the session, APTMA representatives, led by Chairman Kamran Arshad, presented an in-depth analysis of the major challenges confronting the textile sector, particularly in the domains of energy, taxation, and financial policies.
The presentation also included various proposals and strategic recommendations aimed at ensuring the long-term sustainability and advancement of the industry.
In response, the minister assured the APTMA delegation that the government would conduct a thorough evaluation of their recommendations, integrating feasible solutions into the forthcoming federal budget.
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He reiterated the significance of a collaborative approach and assured that any inconsistencies in the existing policies would be rectified accordingly.
The APTMA delegation acknowledged the swift processing of tax refunds and sought further assistance in clearing pending dues.
The minister reaffirmed the government’s commitment to open dialogue with key sectors, ensuring their concerns are effectively addressed in upcoming financial policies.
High-ranking officials, including the Chairman of the Federal Board of Revenue (FBR), the Secretary of the Commerce Division, and senior representatives from the Finance Division and FBR, attended the meeting.
