June 01, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail on Wednesday, assured the delegation of Pakistan Cotton Ginners Association (PCGA) to resolve their genuine issues to keep this sector vibrant and profitable for earning the foreign exchange revenue for the country.
He was attending a meeting with a delegation of Pakistan Cotton Ginners Association at Finance Division, today. Mr. Sohail Mahmood Harral, Chairman Pakistan Cotton Ginners Association, Chairman FBR and other senior officers attended the meeting.
The delegation shared with the finance minister about the importance of ‘white gold’ in the growth of the economy especially in context of exports. It was shared that cotton not only has significant importance for the growth of Pakistan’s textile industry but also has considerable impact on the overall export of the Pakistan. The delegation also highlighted few issues faced by this sector before the finance minister.
The finance minister appreciated the role played by this sector in managing the Balance of Payment issue. He shared with the delegation that present government is heavily focusing on promotion of exports. He further assured the delegation to resolve their genuine issues to keep this sector vibrant and profitable for earning the foreign exchange revenue for the country.