Government Releases Rs. 1.78 Billion For Textiles Sector Under DLTL: Razak Dawood
Mohammad Ali (@ChaudhryMAli88) Published December 04, 2020 | 01:10 PM
ISLAMABAD, Dec 4 (UrduPoint / Pakistan Point News - 4th Dec, 2020 ) :Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Friday informed that the government has released Rs. 1.78 billion for textiles sector under Drawback of Local Taxes and Levy (DLTL)�scheme.
"I hope this will resolve the liquidity issues of our exporters and enable them to enhance exports" the adviser said this in his twitter account.
The DLTL for non-textile sector would also be released shortly.
The Advisor also informed that "I am happy to share that export of animal casings from Pakistan to Japan has resumed after a ban of four years." "I commend the efforts made by our trade section at Tokyo, he said.
"I advise our trade missions to actively engage the importers for promotion of Pakistan's exports.
" "I urge the exporters to take benefit of this opportunity and move full speed ahead," Razak said.
The Adviser to PM hailed the significant growth observed in country's export in different sectors for the months of November 2020.
He said that, "I am glad to share that in the provisional figures for November 2020, significant growth has been seen in the exports of Home Textiles (20%), Pharmaceutical products (20%), Rice (14%), Surgical Goods (11%), Stockings and Socks (41%), Jerseys and Pullovers (21%)Women 's Garments (11%) and Men's Garments (4.3%), as compared to Nov 2019."He said that this is in line with our policy of promotion of value added exports and reflects a healthy trend.
Related Topics
Recent Stories
Terrorists of Shangla suicide attack will be brought to justice: Interior Minist ..
Applications Open for 6th Cycle of Start-up Incubation under the National Expans ..
Join vivo's "Light it Up" Social Media Contest in Ramadan to Win vivo V30 5G
Pakistan v New Zealand T20I series: Tickets to go on sale from today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 29 March 2024
Today Gold Rate in Pakistan 29 March 2024
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
Hoopo Inc. Collaborates with SAU to Install Solar-Powered RO Plant
More Stories From Business
-
Biden administration approves $60M to rebuild Baltimore bridge
10 minutes ago -
China to export homegrown tunnel-boring machine to Italy
21 minutes ago -
Foreigners make nearly 3 million inbound, outbound trips to China in Jan-Feb
21 minutes ago -
Türkiye's foreign trade gap halves in January-February
21 minutes ago -
Shipping activity at Port Qasim
1 hour ago -
Tractor production increase 68% in Jul-Feb
2 hours ago
-
Exchange rates for currency notes
3 hours ago -
Foreign exchange rates
3 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 29 March 2024
4 hours ago -
Today Gold Rate in Pakistan 29 March 2024
5 hours ago -
Pakistan retains position in FTSE secondary emerging market
14 hours ago -
Pakistan retains position in FTSE secondary emerging market
14 hours ago