The Pakistani government is reviewing energy costs and other factors impacting the cost of doing business for export-oriented industries, with a particular focus on the textile sector. This initiative is part of broader efforts to enhance sustainability, competitiveness, and export growth under the ongoing economic reform framework.
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb discussed these measures during an interaction with representatives of the All Pakistan Textile Mills Association (APTMA), reaffirming the government’s commitment to addressing challenges facing the textile industry. The sector was described as a cornerstone of Pakistan’s economy due to its contribution to exports, employment, and industrial activity.
The finance minister emphasized that energy affordability and reliability remain top priorities. Options to improve efficiency are being examined in consultation with relevant ministries and stakeholders, while ensuring fiscal responsibility and long-term sustainability. Immediate operational issues are being reviewed on priority, whereas broader policy matters will be addressed through established budgetary and reform mechanisms.
The government also highlighted its commitment to a fair and predictable policy environment, emphasizing equity, transparency, and broad-based participation across the economy. Efforts are underway to address genuine concerns of compliant sectors through consultation and institutional processes as structural reforms continue.
During the meeting, operational constraints and supply-side challenges in certain industrial areas were discussed, with assurances that coordination with relevant authorities would continue to ensure smooth industrial operations. The importance of constructive engagement between the government and industry was stressed, particularly amid evolving domestic and international economic conditions.
APTMA representatives briefed the government on rising input costs and shifting global market dynamics affecting textile exporters. The delegation highlighted challenges related to energy costs, regulatory compliance, and taxation, noting that cumulative pressures are affecting competitiveness in export markets. They stressed the need for policy consistency and continued dialogue to enable planning and investment with confidence.
The delegation included APTMA Chairman Kamran Arshad, Chairman North Zone Asad Shafi, Senior Vice Chairman Muhammad Jamil Qassim, Vice Chairmen Shahzad Ahmed Sheikh and Siddique Javed Bhatti, and former chairmen Aamir Fayyaz Sheikh and Rahim Nasir. Other participants included Senior Member Khurram Inam, Secretary General Raza Baqir, Energy Advisor Asim Riaz, and Senior Economist Syed Absar Ali, along with senior officials from the Finance and Revenue Division and the Power Division.
The meeting reinforced the government’s ongoing engagement with the textile sector, aiming to create a stable and competitive environment for exporters while ensuring energy efficiency, fiscal responsibility, and sustainable industrial growth.
Follow the PakBanker Whatsapp Channel for updates across Pakistan’s banking ecosystem.