PTC for competitive budget steps to revive exports & industries

Pakistan Textile Council (PTC) Chairman Fawad Anwar has urged the government to adopt the textile and apparel industry’s budget recommendations for FY2026-27, warning that these proposals represent the minimum requirements necessary to preserve the viability of Pakistan’s largest export sector. Speaking on behalf of the country’s leading textile and apparel associations, Fawad Anwar said that the cost of doing business in Pakistan has increased continuously over the last three years due to higher energy tariffs, rising taxation, increased statutory labour contributions, withdrawal of export support mechanisms, and mounting compliance costs.