June 30, 2009

While rejecting the passage of the Finance Bill 2009-10, aiming at burdening the industry further amid an unprecedented financial and energy crisis, All Pakistan Textile Mills Association (APTMA) has deplored that government’s actions are not matching with its loud words for the textile industry turn around.

Referring to the Prime Minister Yusuf Raza Gilani speech at the launching ceremony of the Infrastructure Development of the Pakistan Textile City at Port Qasim Industrial Area, where Prime Minister spoke high of the textile industry contribution towards the country’s economy, Chairman APTMA Tariq Mehmood said the federal budget 2009-10 is a total negation of the acknowledgement of the role of textile industry on the part of the Prime Minister.