The Pakistani government has approved Rs10 billion to bolster export-oriented industries, with a focus on textiles and technology upgrades, as it accelerates efforts to increase overseas sales amid broader industrial policy initiatives.
Pakistan’s federal government has approved Rs10 billion in support for the export sector as it steps up efforts to lift overseas sales and shore up liquidity in export-oriented industries, 24NewsHD TV reported on Saturday.
Commerce Minister Jam Kamal Khan said the money will be channelled through duty drawback and technology upgradation schemes, with textile and garment makers among the main beneficiaries. He said the measures should ease cash flow pressure, raise competitiveness and help factories expand capacity as the government pushes a broader export drive.
The latest allocation comes after the Economic Coordination Committee approved a much larger export support package worth more than Rs255 billion in late July, aimed at expanding export financing through subsidised credit, long-term growth funding and performance-based rebates. The Ministry of Commerce has also been working on a five-year Textile and Apparel Policy for 2025-30, with a target of raising textile exports to $29.38 billion by FY2030, according to Pakistan Today’s Profit publication.
The government’s export push is unfolding alongside other industrial policy initiatives. Punjab has launched a Rs150 billion industrial development and export programme offering financing for small, medium and large firms, while the federal budget for 2026-27 set aside funds for industry and commerce, including work linked to Karachi’s industrial park. Pakistan’s Export Processing Zones Authority, an autonomous body under the Ministry of Industries and Production, says its mandate is to support export-led industrialisation, attract investment and create jobs.
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