PAKISTAN’S NEW PM SHOWS REFRESHED ENERGY TO BOOST COUNTRY’S TEXTILE SECTOR
October 1st, 2017
PAKISTAN’S new Prime Minister Shahid Khaqan Abbasi has demonstrated a fresh willingness to help the country’s textile sector, amidst a continuing sharp decline in exports. Unlike the man he replaced, Nawaz Sharif, who lost his job over a corruption scandal in July, Abbasi has appointed a relevant minister for the textile sector (a portfolio Sharif kept for himself). Pervaiz Malik, a senior politician, is now the federal minister for commerce and textile industry, charged with kick-starting a sector which has been hampered by rising costs, tardy tax refunds ...
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