SIALKOT-A national-level exporters’ body said that the exports have been declining continuously for the last three years due to flawed policies of the government.
Talking to the newsmen at his Sialkot office, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ejaz A Khokhar urged the government to release the pending liquidity of more than Rs200 billion to the small and medium enterprises (SMEs) so that they could jazz up their business activities.
He said that the delay in the liquidity release was a major hurdle in the promotion of national exports. Ejaz A Khokhar added that early release of the pending liquidity has now become vital to boost the SMEs sector. He said that if the liquidity is released by the federal government without any further delay, the SMEs and exporters would be able to increase the national exports within the next three months.
He said, “The government should adopt the friendly aptitude towards the exporters, as this is also direly needed to motivate and patronize the exporters to enhance their exports.” He said that it has also become vital that the Prime Minister Nawaz Sharif should hold two-hour quarterly meeting with the exporters after every three months to listen to their problems and suggestions for boosting the national exporters.
He said that the export sector is lying badly out of focus by the government. He said that readymade garments sector has shown 4 percent increase in its annual exports despite all the odds. He said that the garments manufacturers increased their exports by reducing margin of profit.
He also urged the government to announce the soft term interest-free loans for the SMEs to buy the generators in a bid to cope with the prolonged prevailing energy crisis.
SUICIDE: The dead body of Sialkot-based youth Rizwan was recovered from Marala-Ravi-Link (MR Link) Canal near Sambrial as he had committed suicide. The 22 years old had committed suicide by jumping into the canal after the collapse of his engagement with his cousin three weeks ago. He was laid to rest in his native graveyard amid sobs and tears. A large number of the people attended his funeral.