Pakistan Textile Council

PTC is a not-for-profit organisation set up to serve as a research, advocacy & impact acceleration platform for Pakistan's textile and apparel sector

[Khurram Mukhtar @mukhtarkhurram]

Export competition is getting brutal.

The global race for manufacturing and exports is intensifying, and the rules are being rewritten in real time.

Turkey just passed a law (effective 2027) cutting corporate tax for manufacturers from 25% to 12.5% and to just 9% for manufacturer exporters, plus a 100% exemption on service exports. A deliberate bid to pull in capital, talent and FDI.

Egypt drew ~$11B in FDI last year, defying a regional slowdown.

Vietnam & Mexico keep winning factories and supply chains with targeted incentives and reform.

The pattern is clear: capital flows to countries that reward producing and exporting, not those that tax it the hardest. Investors now rank tax incentives and infrastructure as the most effective tools to attract investment.

We cannot afford to lag behind. We must catch up with the competition, overhaul our tax and export framework, and set a bold target: 20 million jobs over the next 10 years.

The countries that act decisively will own the next decade. The ones that hesitate will be left importing what they could have made.
@CMShehbaz
@MIshaqDar50
@betterpakistan
@DrMusadikMalik
@BilalAKayani
@DrIkramulHaq
@KhaqanNajeeb
@MusadaqZ
@shahzadsaleem
@mubarakzebdawn
@81ShahbazRana
@SohailPasha19
@mukhtar_hamza

[Musadaq Zulqarnain @MusadaqZ]

This is How a Country encourages Investment in Manufacturing.
Under the ​law, corporate tax for manufacturing companies ​will be reduced to 12.5%, from ⁠the current 25%.
Turkey passes law to halve corporate tax for manufacturing companies https://t.co/wlxD0B1V2b

[Pakistan Textile Council @PakTexCouncil]

🧵 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 (𝗣𝗧𝗖) – 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲
📅Friday, June 5, 2026
🔹 NEC meeting scheduled for June 8.
🔹Provinces propose Rs3.138 trillion development outlay.
🔹 SBP reserves rise to USD 17.19 billion.
🔹 Tariff reductions proposed under NTP 2025-30.
🔹 APTMA calls for sales tax reforms in FY27 budget.
🔹Pakistan secures fifth LNG cargo since March.
🔹 Nepra reduces electricity charges for three months.
🔹 CPEC coal fertiliser plant secures USD 1.12 billion investment.
📊Cotton: USD 78.2/lb ↓ | Gold: USD 4,445.8/oz ↓
💱PKR/USD: 278.42 ↓
@fawadanwar
@MusadaqZ
@hasanshafqaat
@betterpakistan
@CMShehbaz
@PakPMO
@Financegovpk
@ForeignOfficePk
@ClimateChangePK
@PlanComPakistan
@beingJayP
@Dawn_News
@APTMAofficial
@PrgmeaOfficial
#PakistanTextileCouncil #PTC #TextileIndustry #PakistanEconomy #Exports #IndustryUpdate

[Pakistan Textile Council @PakTexCouncil]

🧵 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 (𝗣𝗧𝗖) – 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲
📅Thursday, June 4, 2026
🌍 US signals end to ‘Epic Fury’ as Gulf tensions continue.
📈Federal Budget 2026-27 to be tabled on June 10.
📉Exports decline during July-May period.
🌎Pakistan among countries that may face US tariffs.
🏗️ Reko Diq project remains on track.
⛽ Oil & gas reserves increase through new discoveries and field expansions.
🚢 Three Qatari and one spot LNG cargo secured.
⚡ NA panel approves two electricity reform bills.
🏭Chemicals industry seeks lower GST and easier tax regime ahead of the budget.
📊Cotton: USD 80.5/lb ↓ | Gold: USD 4,462.1/oz ↑
@fawadanwar
@MusadaqZ
@hasanshafqaat
@betterpakistan
@beingJayP
@PakPMO
@Financegovpk
@ForeignOfficePk
@PlanComPakistan
@CMShehbaz
@Dawn_News
@APTMAofficial
@PrgmeaOfficial

#PakistanTextileCouncil #PTC #TextileIndustry #PakistanEconomy #Exports #IndustryUpdate #Pakistan

[Pakistan Textile Council @PakTexCouncil]

𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 (𝗣𝗧𝗖) – 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲
📅Wednesday, June 3, 2026
Key developments across international affairs, economy, energy, industry, and infrastructure sectors.
🌍 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹
🔹 Iran adopts stern stance as mistrust clouds talks.
https://t.co/vIls2Uy7DX
📈 𝗘𝗰𝗼𝗻𝗼𝗺𝘆
🔹Federal Budget 2026-27 expected on June 10.
https://t.co/UMUPzxrgOq
🔹 Budget delayed amid provincial allocation discussions and pending IMF approval of revenue measures.
https://t.co/tSfWZ1sMHw
🔹 Fiscal and policy incentives may be introduced in the upcoming budget.
https://t.co/a9ujVCyngs
🔹Non-interest spending rises 18.8pc.
https://t.co/NBDfUCoKTq
🔹Financial inclusion reaches 69pc in CY25, according to SBP.
https://t.co/uk3t6aHJUM
🔹 OICCI reports 80pc of foreign firms have postponed investment decisions.
https://t.co/DtCSLuVmuI
🔹Exports remain below target despite the government's Uraan growth initiative.
https://t.co/vWBvUDeSfA
🔹 PIDE proposes a minimum wage of Rs45,000.
https://t.co/QpVJZEH7pj
⛽ 𝗢𝗶𝗹 & 𝗚𝗮𝘀
🔹Government seeks deferral of LNG terminal charges following Qatar force majeure-related supply disruptions.
https://t.co/CMx4XiXiYQ
⚡ 𝗣𝗼𝘄𝗲𝗿
🔹 Rs1.73 per unit tariff increase proposed.
https://t.co/BqLt03Xdf0
🏗️ 𝗖𝗲𝗺𝗲𝗻𝘁
🔹 May cement dispatches decline 21.02pc year-on-year to 3.837 million tonnes.
https://t.co/SFAayRCXe3
🚗 𝗔𝘂𝘁𝗼𝘀
🔹Interest-free e-bikes and taxi schemes under consideration in the upcoming budget.
https://t.co/Rbl6wiK8uh
📊 𝗖𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝗶𝗲𝘀
• WTI Crude: USD 94.6/bbl ↑
• Brent Crude: USD 96.8/bbl ↑
• Arab Light: USD 103.7/bbl ↑
• Richards Bay Coal: USD 120.7/t ↓
• Gold: USD 4,480.6/oz ↓
• Cotton: USD 80.7/lb ↑
💱 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀
• PKR/USD: 278.46 ↓
• USD/EUR: 1.1629 ↓
• JPY/USD: 159.85 ↓
• USD/GBP: 1.3467 ↑
@fawadanwar
@MusadaqZ
@hasanshafqaat
@betterpakistan
@beingJayP
@pvt_style
@CMShehbaz
@Dawn_News
@PakPMO
@Financegovpk
@ForeignOfficePk
@PlanComPakistan
@APTMAofficial
@PrgmeaOfficial

#PakistanTextileCouncil #PTC #TextileIndustry #PakistanEconomy #Exports #Trade #IndustryUpdate #BusinessNews #Pakistan

[Pakistan Textile Council @PakTexCouncil]

#PakistanTextileCouncil #TextileAndApparel #Budget2026_27 #ExportPolicy #PakistanEconomy #IndustrialGrowth #MadeInPakistan #ExportCompetitiveness #TextileIndustry #EnergyReform #TaxPolicy #ValueAddedExports #PakistanManufacturing #TradePolicy #SustainableGrowth
@BilalAKayani
@CMShehbaz

[Pakistan Textile Council @PakTexCouncil]

#PakistanTextileCouncil #TextileAndApparel #Budget2026_27 #ExportPolicy #PakistanEconomy #IndustrialGrowth #MadeInPakistan #ExportCompetitiveness #TextileIndustry #EnergyReform #TaxPolicy #ValueAddedExports #PakistanManufacturing #TradePolicy #SustainableGrowth
@AliKhizar
@CMShehbaz
@BilalAKayani
@Financegovpk
@mincompk

[Pakistan Textile Council @PakTexCouncil]

PTC Chairman Fawad Anwar Calls for Adoption of Industry Budget Recommendations
Pakistan Textile Council Chairman Fawad Anwar has urged the government to adopt the textile and apparel industry's budget recommendations for FY2026-27.
🧵 Key Priorities
📈Preserve export competitiveness
🏭Support industrial sustainability
👥Protect employment
🌍Strengthen Pakistan's largest export sector
The textile and apparel industry remains a key driver of exports, economic activity, and jobs across Pakistan.
🔗 Read the full article:
https://t.co/k2LeBB2ygt
@fawadanwar
@MusadaqZ
@hasanshafqaat
@betterpakistan
@CMShehbaz
@PakPMO
@Financegovpk
@ForeignOfficePk
@PlanComPakistan
@ClimateChangePK
@beingJayP
@Dawn_News
@PrgmeaOfficial
@APTMAofficial
#PakistanTextileCouncil #PTC #FawadAnwar #TextileIndustry #PakistanExports #Budget202627 #IndustrialGrowth

[Pakistan Textile Council @PakTexCouncil]

𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 (𝗣𝗧𝗖) – 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲
📅Tuesday, June 2, 2026
International
🔹After Iran ultimatum: Trump claims Israel, Hezbollah agree to stop attacks
https://t.co/io8WtsYKTl
🔹EU lauds Pakistan for heading off 'full blown war'
https://t.co/OauT6BivdX
Economy
🔹Govt approves 4% growth target
https://t.co/LMsGoFuWJR
🔹CPI inflation surges to 23-month high
https://t.co/hTSSjJjwrC
🔹Budget 2026-27: IMF-mandated curbs squeeze development spending
https://t.co/PUi72Azv8q
🔹Govt okays Rs4.3 trillion development plan
https://t.co/klKOLbfK2U
🔹PSDP utilisation falls below 53pc as IMF programme bites
https://t.co/KLwPwUb6Yr
🔹Pakistan terminal gains new transshipment business as Middle East tensions disrupt shipping
https://t.co/7IxZZhAOvi
🔹SBP allows Naya Pakistan Certificates in SAR & AED
https://t.co/Vj8VeL70BO
🔹PM Shehbaz assures businessmen, industrialists of measures to boost industrial growth in upcoming budget
https://t.co/RLJgXERJoc
🔹Poultry farmers exempt from payment of sales tax under relevant law: FCC
https://t.co/0zckpYIIeN
Oil & Gas
🔹Ogra approves export of 100,000 tonnes of furnace oil by Parco
https://t.co/I6xlCWNz5n
Power
🔹Federal Budget FY2026-27: Govt to slash power sector subsidies by around 20%
https://t.co/O6PBTTZ8Dh
🔹Power distribution network: ADB proposes USD130 million loan-financed project
https://t.co/uhElK3BPZY
Textile
🔹Textile exports rise to $18.22 billion but cotton dependency deepens
https://t.co/ulktdcjWdD
Corporate
🔹Supernet Technologies Board approves in-principle plan for potential rights issue
https://t.co/FQa9Srksuu
Commodities Snapshot
• WTI Crude: USD 91.7/bbl ↓
• Brent Crude: USD 94.6/bbl ↓
• Arab Light: USD 103.6/bbl ↑
• Richards Bay Coal: USD 121.5/t ↑
• Gold: USD 4,476.8/oz ↓
• Cotton: USD 80/lb ↓
Currencies
• PKR/USD: 278.47 ↓
• USD/EUR: 1.163 ↓
• JPY/USD: 159.72 ↑
• USD/GBP: 1.3453 ↓
@fawadanwar
@hasanshafqaat
@MusadaqZ
@PakPMO
@ForeignOfficePk
@Financegovpk
@PlanComPakistan
@beingJayP
@APTMAofficial
@Dawn_News
@betterpakistan
@shahzadsaleem
@pvt_style
@CMShehbaz

[Pakistan Textile Council @PakTexCouncil]

🚨 TEXTILE AND APPAREL ARE PAKISTAN'S FUTURE — NOT ITS PAST
For those who still see Textile and Apparel as a "traditional industry," here's the reality:
✨ The sector is moving up the value chain
✨ Apparel and made-ups are driving exports
✨ Millions of Pakistanis depend on it for employment
✨ It remains the backbone of Pakistan's export economy
The conversation around Textile and Apparel must move beyond outdated perceptions.
💡 A modern industry needs modern policies.
Pakistan's Textile and Apparel sector has already transformed.
Now it's time for policy frameworks that support innovation, competitiveness, investment, and export-led growth.
📖 Read the full article:
🔗 https://t.co/DdtrDhjMJT
#PakistanTextileCouncil #TextileIndustry #MadeInPakistan #Exports #Manufacturing #EconomicGrowth #Innovation #ValueAddition #PakistanExports #FutureOfTextiles
@fawadanwar
@MusadaqZ
@hasanshafqaat
@Dawn_News
@beingJayP
@PakPMO
@CMShehbaz
@PlanComPakistan
@ForeignOfficePk
@Financegovpk
@APTMAofficial
@PrgmeaOfficial

[Pakistan Textile Council @PakTexCouncil]

The Pakistan Textile Council (PTC) has urged Prime Minister Shehbaz Sharif to introduce sweeping fiscal and structural reforms in the upcoming Federal Budget 2026-27, warning that the current taxation and regulatory framework has rendered export growth “financially punitive” and unsustainable.

In a detailed supplementary submission to the Prime Minister and other key government authorities Chairman PTC, @fawadanwar presented quantified evidence showing that Pakistan’s largest export sector is facing a severe liquidity crisis due to excessive taxation, delayed refunds and regulatory inefficiencies.

https://t.co/3S335mxsqQ

[Muhammad Hasan Shafqaat @hasanshafqaat]

#Eid ul Azha #Mubarak #2026

[Muhammad Hasan Shafqaat @hasanshafqaat]

📢Morning Update | Wednesday, May 20, 2026

🌍 International

• Iran warns of new fronts as Trump doubles down
https://t.co/YgLfvpB6UK

📊 Economy

• Govt set to approve Rs3.5tr development plan
https://t.co/NFY4HtgUoa

• Pakistan can buy Russian oil
https://t.co/IEZq2L1Osp

• Foreign investment plunges to $1.409bn
https://t.co/G70WQHzsWK

• Pakistan faces Asia’s highest economic risk from prolonged Middle East conflict: report
https://t.co/sICb5zlijW

• AIIB approves $320m for N-5 highway
https://t.co/CRMJSc46Xs

• $2bn profit sent abroad in 10 months
https://t.co/MNz7rNPvON

• KTBA seeks extended review of draft tax return forms for 2026
https://t.co/bPfSjUswt7

⛽ OMCs

• OMCs fall short of fuel uplift targets
https://t.co/v6aF7KNZHu

⚡ Power

• Govt invites expressions of interest for sale of three major Discos
https://t.co/1cxCeuyCrr

• Power consumers to get Rs63.9bn relief in 3 months
https://t.co/Vr8fzX1wBx

🧵 Textile

• Textile exports rebound 21pc
https://t.co/FImomQNHMs

🚢 Transportation

• ECC allows NLC to take over shipping corporation
https://t.co/Xk3zxtuNHP

🚘 Autos

• Pakistan to cut auto tariffs below 6pc by 2030
https://t.co/3sw1fH2GIS

📈 Market

• Service Long March Tyres IPO draws Rs69bn in bids
https://t.co/ZNpU6UtoC0

🛢 Commodities

WTI: USD 104.3/b ↑
Brent: USD 111.3/b ↑
Arab Light: USD 117.7/b ↓
Richards Bay Coal: USD 118.8/t ↑
Gold: USD 4,461.3/oz ↓
Cotton: USD 81.3/lb ↓

💱 Currencies

PKR/USD: 278.57 ↓
USD/EUR: 1.1598 ↓
JPY/USD: 158.93 ↓
USD/GBP: 1.339 ↓

#PTC #Pakistan #Textiles #Economy #Energy #Exports #Markets #Trade #PakistanEconomy

[Muhammad Hasan Shafqaat @hasanshafqaat]

📢Morning Update | Tuesday, May 19, 2026

🌍 International

• Iran conveys concerns to US via “mediator Pakistan”; Trump pauses planned strikes on Iran.
https://t.co/zDJFJhH4Uz

• Iran officially announces a new body to manage the Strait of Hormuz under its top security council.
https://t.co/S6wFA1uS9x

📊 Economy

• Pakistan and IMF agree on the macroeconomic framework ahead of budget discussions.
https://t.co/fJnpQfuJiv

• Provinces asked to raise an additional Rs400bn to meet IMF targets.
https://t.co/y1Jo1CIgA7

• Pakistan’s current account returns to deficit territory.
https://t.co/qh7bmrLdLL

• Government exploring tokenisation of bonds through blockchain technology.
https://t.co/nD9eH6OWa9

• S&P flags macro-financial stress risks under a prolonged Middle East conflict scenario.
https://t.co/Sid8gGMpUx

• Foreign direct investment declines 31% to USD 1.4bn during Jul-Apr.
https://t.co/w08dMZjEWv

• Pakistan’s exports to the Middle East fall 8% in April.
https://t.co/JJUEKfDxvN

• ADB likely to approve USD 1.2bn financing for rehabilitation of the ML-1 project.
https://t.co/tc2NPuo29b

• PM Shehbaz reviews PSDP outlay ahead of the federal budget.
https://t.co/auR7yY8hui

⚡ Power

• WAPDA hydel generation surpasses 6,100MW.
https://t.co/HqPfoHkpqS

• Government averts a potential Rs6/unit power tariff increase amid Iran-US tensions.
https://t.co/Tg6uVerYJE

💻 Tech

• Pakistan’s IT exports rise 33% YoY in April.
https://t.co/koy5QQcG1b

📈 Commodities

WTI — USD 107.4/b ↓
Brent — USD 109.7/b ↓
Arab Light — USD 119.1/b ↑
Richards Bay Coal — USD 117.8/t ↑
Gold — USD 4,555.3/oz ↓
Cotton — USD 83.1/lb ↓

💱 Currencies

PKR/USD — 278.6 ↓
USD/EUR — 1.1644 ↓
JPY/USD — 158.97 ↑
USD/GBP — 1.3418 ↓

#PTC #Pakistan #Textiles #Economy #Trade #Energy #Exports #IMF #MiddleEast #Power #ITExports

[Pakistan Textile Council @PakTexCouncil]

In an important discussion with Kamran Khan on Nukta Pakistan / ARY News, Chairman Pakistan Textile Council (PTC) Mr. @fawadanwar highlighted the urgent economic challenges facing Pakistan and the critical role of exports in ensuring sustainable growth.

The discussion focused on:
• Rising cost of doing business in Pakistan
• Export competitiveness and regional comparison
• Excessive taxation and liquidity pressures on documented industry
• Importance of digitisation and broadening the tax net
• Need for predictable, export-oriented economic policies
• Employment generation through industrial growth and value-added textiles

Pakistan’s textile and apparel sector remains the backbone of the economy, contributing nearly 56% of national exports and supporting millions of livelihoods.

PTC continues to advocate for competitive energy pricing, policy stability, investment facilitation, and structural reforms necessary to strengthen Pakistan’s export economy.

#PakistanTextileCouncil #PTC #Textiles #Exports #PakistanEconomy #Manufacturing #Industry #Investment #EconomicReforms #ValueAdded #MadeInPakistan

https://t.co/yexWXUnhXr

[Muhammad Hasan Shafqaat @hasanshafqaat]

📢 Morning Brief
Monday, May 18, 2026

🌍 International & Politics

• Trump says Iran has interest in reaching a deal
https://t.co/bADuhDvqNL

• Interior Minister Mohsin Naqvi keeps diplomatic channel open during Tehran visit
https://t.co/wPOyayDYzs

• Proposal to raise voting age to 25 receives limited political support
https://t.co/Bz2zcRUB1x

• Pakistan welcomes PCA ruling in Indus Waters Treaty proceedings
https://t.co/trMTyOel9P

• Lebanon ceasefire extended by another 45 days
https://t.co/B4CJLmsT3p

📊 Economy

• IMF sets Rs17.1tr federal revenue target for FY27
https://t.co/Yagnze5sag

• IMF fixes Rs1.73tr petroleum levy target for FY27
https://t.co/IctXkCV72q

• IMF seeks greater transparency in anti-corruption institutions
https://t.co/JF7HHcceF1

• Pakistan’s external financing requirement projected at $21.2bn
https://t.co/be4ocqpKmv

• IMF seeks clarification on Rs3.4tr gas circular debt resolution plan
https://t.co/xmXJaXDQJ8

• Govt assures IMF new projects will remain below 10% of PSDP allocations
https://t.co/MqbySZMt7A

• IMF says SOE reforms should move towards privatisation phase
https://t.co/57G6Ag59du

• Inflation projected above 10% in 4QFY26
https://t.co/GXAkxJpPyc

• Govt plans to maintain tight monetary policy stance
https://t.co/DmytWZh9L7

• Govt considering income tax reductions
https://t.co/foBjvneJMp

• New banknote designs await cabinet approval
https://t.co/TibgvWFmeH

• Govt assures textile sector budget proposals will be shared with IMF
https://t.co/Fj0yKFY0SY

• Govt considering another scheme to bring retailers into tax net
https://t.co/MKhzh4ynxO

• FBR approached for refunds related to 7E and Super Tax collections
https://t.co/lJwA3EvyCg

• SBP says external account remains stable despite global uncertainty
https://t.co/d4323ius8t

• Finance Minister calls Panda Bond issuance a transformational step
https://t.co/wGqhC4euZh

• Chinese company plans Pakistan digital economy headquarters
https://t.co/s3kaC9Rh56

• IMF clears Rs400-500bn tax measures; CVT on foreign assets may be removed
https://t.co/wD6qQ505pM

• Imports from North America record strong increase
https://t.co/zXpVgiwXCt

• Seafood exports cross $500m mark
https://t.co/yKtDQbwgBU

⛽ OMCs

• Petrol and diesel prices reduced by Rs5/litre
https://t.co/ITPocknQ91

• POL imports account for nearly one-fourth of total import bill
https://t.co/M03mi21os1

⚡ Power

• Govt plans settlement with KE and IPPs to reduce circular debt by Rs300bn
https://t.co/WUkVQqA6V8

• Balochistan to receive additional 100MW electricity from Iran
https://t.co/AvISRnSHak

• Renewable energy sector seeks tax reduction measures
https://t.co/bB9pTMykQq

📈 Market

• SLM Tyres IPO book building opens today
https://t.co/O6II0OaxZb

📦 Commodities
WTI USD 108/b ↑
Brent USD 111.5/b ↑
Arab Light USD 116.2/b ↑
Rich. Bay (Coal) USD 117.3/t ↑
Gold USD 4,535.0/oz ↓
Cotton USD 81.4/lb ↑

💱 Currencies
PKR/USD 278.61 ↓
USD/EUR 1.1617 ↓
JPY/USD 158.92 ↑
USD/GBP 1.3311 ↓

[Pakistan Textile Council @PakTexCouncil]

Pakistan is standing at a defining economic moment.

In his latest article published in Business Recorder, Chairman PTC, @fawadanwar , presents a candid assessment of Pakistan’s debt crisis and outlines why exports, policy stability, and population management must become central pillars of national economic strategy.

Key highlights from the article:

• Pakistan’s public debt has reached approximately USD 289 billion (PKR 80.6 trillion), around 70% of GDP, exceeding the legal ceiling under the Fiscal Responsibility and Debt Limitation Act.

• Pakistan has remained trapped in a structural debt rollover cycle, borrowing new money largely to service existing liabilities.

• Exports remain the only sustainable path to long-term external sector stability.

“You can’t borrow your way to prosperity. You export your way there.”

• Pakistan’s exports have remained stagnant around USD 25–30 billion for nearly two decades, while regional competitors surged ahead:
- Bangladesh now exports more than twice Pakistan’s level
- Vietnam exports nearly eleven times more

• The World Bank estimates Pakistan has nearly USD 60 billion in untapped export potential.

• Excessive taxation, withdrawal of export facilitation mechanisms, delayed refunds, policy instability, and uncompetitive energy pricing are eroding Pakistan’s export competitiveness.

• Pakistan’s exporters now face one of the highest effective tax burdens in the region under the shift from FTR to NTR.

• High electricity and gas costs continue to divert export orders toward regional competitors.

• Population growth without corresponding human capital investment is further shrinking fiscal space and limiting productivity growth.

The article also proposes a clear reform roadmap:

✔ Restoration of Final Tax Regime (FTR) for exporters
✔ Competitive energy pricing with long-term policy certainty
✔ Automated and time-bound refund systems
✔ Revival of Export Facilitation Scheme (EFS) in its original tax-neutral form
✔ Diversification into IT, digital services, halal food, and value-added exports
✔ Population management and female education as economic priorities
✔ Stable long-term industrial and export policy frameworks

Pakistan has the manufacturing base, entrepreneurial capability, strategic location, and human potential to become a globally competitive export economy. What is required now is policy consistency and political commitment to export-led growth.

Read the full article here:

https://t.co/mxgkjk0MKj

#Pakistan #Exports #Textiles #Economy #IndustrialPolicy #Trade #Manufacturing #PTC #PakistanTextileCouncil #ExportLedGrowth #Energy #TaxPolicy #Investment #EconomicReforms

[Muhammad Hasan Shafqaat @hasanshafqaat]

📢Morning Brief
Friday, May 15, 2026

Commodities
#WTI USD 102.6/b ↑
#Brent USD 107.2/b ↑
Arab Light USD 114.6/b ↓
Rich. Bay (Coal) USD 116.7/t ↓
#Gold USD 4,614.8/oz ↓
Cotton USD 83.5/lb ↓

Currencies
PKR/USD 278.62 ↓
USD/EUR 1.1652 ↓
JPY/USD 158.49 ↑
USD/GBP 1.3371 ↓

🌍 International & Politics

• #Iran says #UAE ‘active partner’ in #US-#Israeli war; #Trump says #Xi offered help to open Hormuz and pledged not to arm Iran
https://t.co/h1W8I5aAbc

• #Bilawal says no constitutional amendment or federal budget possible without PPP consent
https://t.co/lLtXbR1AuG

📊 Economy

• #IMF sets 11 new structural benchmarks, including parliamentary approval of FY2027 Budget
https://t.co/aEbYeXVRSS

• IMF identifies Gulf-related exposure as #Pakistan’s biggest external economic risk
https://t.co/7yzqhp99e3

• #IMF says strong policy measures are supporting economic recovery and resilience
https://t.co/h3Mtrf8OHM

• Pakistan raises $250m equivalent through inaugural #Pandabond issuance
https://t.co/QxVAj7VIXH

• #SBP forex reserves increase by $17m to $15.9bn as of May 8
https://t.co/MujOVvR0lG

• Pakistan’s investment-to-GDP ratio reaches 14.4%
https://t.co/zITCEV4qOe

• PM calls for comprehensive housing reforms and sector digitalisation
https://t.co/pTH1LwGmFD

• Govt targets $4.5bn in IT exports
https://t.co/zJXgjYLJ5s

⛽ Oil & Gas

• Govt working to secure additional gas supplies, says minister
https://t.co/eFqAb5QggN

• Pakistan and US deepen #energy cooperation as #Cnergyico imports 6m barrels
https://t.co/WU4ctG3Su2

🏭 Refineries

• #SIFC to facilitate removal of major tax distortion impacting oil refineries
https://t.co/KbyzcCOMfu

⚡ Power

• #Nepra approves tariff for electricity imports from Iran
https://t.co/NyXUP79nzq

🚗 Autos

• Service Long March helps Pakistan enter top TBR tyre exporters to US and Brazil
https://t.co/E1b0Sg1w4M