Export and industry sectors: PTC urges SBP to ensure timely credit flow

The Pakistan Textile Council (PTC) urged the State Bank of Pakistan (SBP) to ensure adequate and timely flow of credit to the export sector and industry. In a letter addressed to the SBP Governor, PTC Chairman Fawad Anwar highlighted the severe working capital constraints currently facing exporters and the wider business community. According to PTC, ongoing geopolitical developments and persistently high inflation have intensified liquidity stress for businesses. Traditionally, this gap has been bridged through commercial bank financing, but domestic banks are increasingly delaying or restricting working capital facilities to exporters and industrial enterprises.