The Pakistan Textile Council reports exports rose only 0.26% to $17.93 billion in FY2025-26, with June 2026 seeing a 16.71% year-on-year decline, reflecting worsening competitiveness. Key challenges include high production costs, delayed export financing, and a severe cotton shortage. The council recommends immediate policy actions, including operationalizing the Export Refinance Scheme and a national cotton strategy, to restore export growth and boost foreign exchange earnings. Continued export stagnation could pressure the Pakistani Rupee, potentially leading to higher local gold and silver prices.
بحوالہ / Source: www.brecorder.com