Pakistan’s textile and apparel industry has submitted wide-ranging proposals for the Federal Budget 2026–27, calling for reforms to reduce production costs and boost exports. The delegation met Finance Minister Muhammad Aurangzeb in Islamabad and urged a stable, growth-oriented policy framework to improve global competitiveness.
Industry representatives included leading chambers, exporters, and associations from across the country. They proposed reforms in taxation, energy pricing, liquidity management, export facilitation, and industrial modernisation. The sector stressed that reducing costs and improving efficiency is essential for competing in global markets.
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The textile delegation also highlighted the need for faster refund mechanisms and easier access to financing. They said such measures would improve cash flow, encourage investment, and support expansion in value-added manufacturing. The proposals also focused on easing regulatory burdens and promoting small and medium enterprises.
Minister Aurangzeb said the government remains committed to regular engagement with the business community through the Tax Policy Office. He emphasized a shift toward continuous consultation rather than pre-budget discussions alone. He also discussed ongoing efforts to improve transparency and compliance through digital monitoring systems in key sectors.
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The minister invited the textile sector to cooperate on introducing similar digital monitoring mechanisms. Industry representatives acknowledged the importance of transparency and agreed to continue consultations. Officials said pilot projects have already begun in some units as part of broader reforms aimed at strengthening documentation and improving revenue systems.