PTEA is the premier association of textile exporters, and facilitator to the textile sector / community itself to protect the genuine rights of its members.
Pakistan’s power sector needs to look beyond generation.
1. How much electricity can we generate?
2. How much can we actually transmit?
3. Where are the transmission bottlenecks?
4. Which plants are being curtailed, and by how much?
5. What more expensive generation is being dispatched as a result?
6. What is the financial cost of these constraints?
These numbers should be publicly disclosed, transparently and in real time.
Because installed capacity means little if electricity cannot reach the consumer. And transmission constraints have an economic cost that deserves to be seen, measured and understood.
Link to my article
https://t.co/snJe0m84DN
Reza Hussain, president of FB Area Industrial Association and @rehanjawed an industrialist and FPCCI’s power expert have written a timely and concise column highlighting the problems facing Karachi’s industry. It tells you why export and manufacturing growth in Pakistan is not possible without wholesale changes to our governance structure.
Constraints to industrial growth - Newspaper - https://t.co/L2CveJ0BNS https://t.co/pZihpIzDyW
Heartiest congratulations to the Chief Minister of Punjab @MaryamNSharif on launching Pivot in Punjab today, a truly historic day for the province.
Having witnessed the contours of this unprecedented development program firsthand, I can say it is remarkably comprehensive. It spans a wide range of high potential sectors and features end to end digital processing, clear objectives and KPIs, accountability for non performance, and an unwavering commitment to fairness and equity.
Huge credit goes to the Senior Minister Punjab @Marriyum_A , the Chief Secretary Punjab @CS_Punjab , and their entire team, who have been instrumental in planning and devising it so thoroughly. A very special salute to Zafar Masud Sahib @zafar_masud , a true driving force behind this vision, whose insight, energy, and commitment helped shape it into a practical, results focused program.
This is surely among the best conceived plans we have seen. You have made us proud. The private sector will play its full part in achieving the program’s goals, and I hope others will follow this methodology and vision.
@CMShehbaz@alimdar82@IhsaanaKhan@TextilePtea@mukhtar_hamza
Our heartfelt congratulations on this excellent and unprecedented digital initiative. It will go a long way in streamlining business processes and improving ease of doing business, while bringing much needed transparency and efficiency.
@MaryamNSharif@Marriyum_A@CS_Punjab@IhsaanaKhan
We also stand for the sustainability and growth of the entire value chain, and structural reforms are necessary to protect our domestic value chain. We need to gear up our domestic value chain to make it robust and efficient, ensure its competitiveness, reduce additional burdens, maintain highest quality standards, and protect the livelihoods of millions of workers. We must ensure a level playing field for the entire value chain, enabling it to compete globally. Structural reforms should be carried out on a war footing, and at the same time, safeguards should be put in place to discourage and prevent the black economy, which has caused enormous losses to the exchequer and discouraged genuine and compliant businesses.
@CMShehbaz@PakPMO@betterpakistan@jam_kamal@BilalAKayani@IhsaanaKhan@kschehzad@sifcpakistan
An excellent initiative by the honourable Prime Minister to review and upgrade the EFS, curb misuse, and extend facilitation to other potential export sectors. We appreciate the dedicated efforts of the MoS Finance @BilalAKayani , MoC, and FBR toward this goal. We also believe a holistic review of the scheme is essential for export growth, including the restoration of domestic Commerce, inclusion of cotton, cotton yarn, and cotton fabrics, along with additional safeguards to prevent misuse.
@CMShehbaz@PakPMO@betterpakistan@jam_kamal@IhsaanaKhan@kschehzad@sifcpakistan
An excellent and long-overdue initiative. We hope the footpaths on both sides of the entire Canal Road will also be repaired. Your dedication to the development of Faisalabad is highly commendable.
@DCFaisalabad@CS_Punjab@mukhtar_hamza@SohailPasha19@AzizGohir
M3 upgrade is welcome, but closing the whole Sahianwala-Pindi Bhattian section at once is causing huge inconvenience at important route. Phased work would have been wiser. Please restore traffic ASAP and ensure strict quality control. The last build was extrenely poor. @abdul_aleemkhan@AbidSherAli@IhsaanaKhan@SohailPasha19@mukhtar_hamza@nha_pakistan1
Congratulations @AhadKhanCheema1 on being named Chair of the Boards of Governors of the World Bank Group & IMF for 2027, Pakistan's first since 1953. A proud moment for Pakistan. Best wishes for a successful term championing the voice of developing countries.
A quiet anomaly in Pakistan's power tariffs: DISCOs earn a guaranteed return on their asset base, and the taxes they pay are also passed through to consumers. Consumers carry both the return and the tax on it.
Recovering a utility's tax from consumers isn't unusual by itself. Regulators in the US, UK and Australia include tax in the cost of service, because investors are promised a post tax return.
The difference is how. Ofgem (UK) and the AER (Australia) allow a notional tax, based on the regulator's own allowances, not on whatever tax the company ends up paying. That keeps the company accountable for its own tax efficiency.
In Pakistan, DISCOs ask for actual taxes to be passed through, including minimum and turnover tax and levies like WWF and WPPF, which have little to do with the allowed return. That goes well beyond the international norm.
The ex WAPDA DISCOs are state owned, so the tax collected from consumers flows back to the government. In effect, it works like an indirect tax on electricity inside the tariff.
Meanwhile, the guaranteed return keeps flowing despite high line losses and poor recoveries. Inefficiency is rewarded.
Then comes the Prior Year Adjustment (PYA). Each year DISCOs seek to add last year's shortfalls (unrecovered amounts, old claims, taxes, estimates) to the next tariff. In the CY 2027 petitions, IESCO asks Rs 157.9 bn and SEPCO Rs 36.3 bn. The consumer who paid every bill ends up paying again for those who did not.
And there is circular debt, Rs 1.84 trillion at the end of February 2026. Consumers pay for that too. The Rs 1.225 trillion bank loans of September 2025 are being repaid over six years, in 24 quarterly instalments, through the Rs 3.23 per unit debt service surcharge in every bill.
So consumers pay for the same inefficiency three times: in the return, in the PYA, and in the circular debt surcharge.
The fix is clear: cap tax recovery at a notional tax on the allowed return, exclude unrelated levies, require proof for every PYA claim, and link returns to loss reduction and recovery targets so that circular debt stops growing.
@NEPRA, consumers deserve this reform.
#ElectricityTariff #Pakistan
@CMShehbaz@akleghari@BilalAKayani@kschehzad@sifcpakistan@TextilePtea@PakTexCouncil@SohailPasha19
The Pakistan Textile Council (PTC) has urged the government to retain the Export Facilitation Scheme (EFS) for all legitimate export inputs, warning that further restrictions on yarns and fabrics could undermine value-added exports.
Key concerns:
• Man-made fibres account for 69% of global fibre production, while MMF-based products represent 63% of global textile and apparel trade.
• Pakistan’s share of MMF-based textile exports stands at just 12%.
• Further restrictions could increase input costs, squeeze working capital and weaken buyer confidence.
The PTC supports strict action against misuse but argues that genuine exporters should not be penalised for the actions of a few.
Mr. Khurram Mukhtar has cautioned the Government about a steep decline in Pakistan's goods exports expected in Q2 FY27. High inflation in Western markets has sharply depressed buyer demand. Sea freight has surged 1.5x to 2.5x, and rising input and logistics costs are making our exports uncompetitive. "The decline in export trade volume is unprecedented. Only the fittest will survive, and once market share is lost, it is extremely difficult to regain," he said.
Exporters drive the entire textile value chain. With domestic demand also down due to high inflation, the value chain faces a double impact, and the ginning, spinning, weaving, processing and knitting segments are under severe existential pressure.
Immediate measures needed:
Temporary DLTL support at 6-8% to retain market share
Immediate release of substantial pending refunds to ease the liquidity crisis across the supply chain
Removal of cross subsidies in energy tariffs on a war footing
EFS anomalies: The Finance Bill FY27 fixed the EFS rate at 4.5%, but banks are charging a minimum of 5.5%, and some up to 8.5%. About PKR 200 billion has gone to yarn exporters despite yarn being on the negative list. Sugar exporters have also received EFS despite sugar being a highly regulated sector. Meanwhile, textile exporters performing 5-6 times above SBP's 2x requirement are being denied allocation.
The increased SME allocation is revolutionary. However, an additional PKR 300 billion for SMEs would need PKR 600 billion in additional export performance, which does not exist. Last year's PKR 100 billion SME allocation lapsed unutilised. Allocations should be proportionate to each segment's contribution. The top 100 exporters drive up to 60% of export volume and must be financed adequately.
Targeted BMR financing: The Federal Government and SBP should provide tailor made long term and short-term financing to SMEs: PKR 20 billion for ginning, PKR 20 billion for sizing, PKR 50 billion for weaving and PKR 50 billion for processing, a total of PKR 140 billion. This would drive upgrades in productivity, efficiency, automation and sustainability. "We are ready to work with the Federal Government on this tailored programme to strengthen the foundation of the textile value chain," he said.
Historically, we have been reactive. The current situation demands a proactive approach. Timely action now will cost far less than rebuilding lost markets later," he said. He called for a 10 year strategic plan built on Pakistan's textile expertise and export surplus, adding that "our textile exports can do wonders if the necessary structural reforms are carried out."
@CMShehbaz@jam_kamal@betterpakistan@IhsaanaKhan@kschehzad@TextilePtea
#Exports #DLTL #EFS #Textiles #Economy
Who promoted the black economy in Pakistan? Who were the advisors and the blue eyed ones behind these policies? Mind boggling that so called economists are bent on destroying industrialisation. This is against the public at large and our talented workforce.
Respectfully, we did not expect such comments from you. Discouraging export manufacturing at this juncture is a naive approach. No exporter is asking for devaluation for its own sake. We are asking for a realistic exchange rate and a level playing field.
If exports are only 7-8% of GDP, who is responsible for that ? Decades of policymaking that artificially propped up the rupee, imposed the region's highest energy tariffs on industry, overtaxed the formal sector and encouraged import led consumption. That bias against exports created the business environment we have today, and the repeated IMF programs that follow hurt the poor the most.
Extremely disappointed. Introspection is due from those who shaped these policies.
@MusadaqZ@shahzadsaleem@81ShahbazRana@SohailPasha19@AzizGohir
Grateful to the Punjab Government under the leadership of @MaryamNSharif for exempting imports under the Export Facilitation Scheme (EFS) from the Punjab Infrastructure Development Cess (PIDC). This will help sustain and grow Pakistan's exports and strengthen Punjab's industrial base.
Special thanks to @CS_Punjab for supporting export oriented industry and merit based decision making. We are committed to expanding industry in Punjab and creating new jobs.
@TextilePtea@CMShehbaz@betterpakistan@jam_kamal@BilalAKayani@kschehzad@SohailPasha19@mukhtar_hamza
“A country does not become capital-rich by accumulating valuable land. Instead, it becomes capital-rich when yesterday’s savings can keep financing tomorrow’s assets, and continue generating more output and income. This is effectively the difference between saving in plots and building an economy.” An interesting piece by Ammar Khan @rogueonomist
WHY PAKISTAN SAVES IN PLOTS https://t.co/gwKRwpkO7w
We would like to caution the Government on the steep decline in exports expected in 2QFY27.
The pressures are coming from every direction:
• High inflation in Western markets has sharply depressed buyer demand
• Sea freight has surged 1.5x–2.5x, eroding already thin margins
• Rising input and logistics costs are making our exports uncompetitive
The decline in export trade volume is unprecedented. In this environment, only the fittest will survive. Once market share is lost, it is extremely difficult to regain.
We urge the Government to act immediately:
• Temporary support through DLTL at 6–8% to retain market share
• Immediate disbursement of substantial pending refunds under different heads to resolve the liquidity crisis across the entire supply chain
• Removal of cross subsidies embedded in energy tariffs on a war footing
Historically, we have been reactive. The current situation demands a proactive approach. Timely action now will cost far less than rebuilding lost markets later.
#Exports #DLTL #Trade #Economy
@PakPMO@CMShehbaz@akleghari@AurangZeb@jam_kamal@IhsaanaKhan@sifcpakistan@kschehzad@81ShahbazRana@mubarakzebdawn@SohailPasha19@mukhtar_hamza@MusadaqZ