Pakistan Government Refuses To Support Research And Development In Clothing Sector
巴基斯坦政府拒绝批准对服装部门6%的研发支持，这是由于缺乏足够的财政资源，尽管已经发布了法规调整令(SRO)，来自于纺织部的可靠消息说。据悉，即使从国际货币基金组织获得了贷款，巴基斯坦政府仍然不能够向纺织部门的研发支持支付一分钱。
In order to make the textile sector more competitive and attract foreign investors, the Pakistan government continued to provide 6% support to the textile sector in the fiscal year 2007-08. However, due to the lack of financial resources, the former governor of Pakistan's central bank announced that after June 30, 2008, the government would stop supporting R & D support for the textile sector.
R & D support for the textile sector was revoked in June 25, 2008, but no textile exporters were notified. This puts the textile sector at a loss of 12 billion rupees. A textile industrialist said that the government issued a regulatory order a week ago that textile exporters are guaranteed that they will receive 40% of the total shipment cost from the central bank by June 30, 2008.
Textile industrialists say textile exporters are already facing severe competition in the international market. Bangladesh, India and China have cut their production costs by 12% compared with Pakistan. In order to protect textile exporters, China has increased the export tax rebate from 7% to 15%.
In the first 7 months of the current fiscal year, textile exports in Pakistan fell by 3.79% compared to the same period last year. In the 1-7 months of 2008-09 fiscal year, the export volume of textile products in Pakistan amounted to US $5 billion 820 million, and the export volume in the same period of 2007-08 fiscal year was US $6 billion 50 million.
In the first 7 months of the current fiscal year, cotton exports in Pakistan increased by 215.22% over the same period last year, from $22 million 820 thousand in the same period last fiscal year to $71 million 960 thousand. Cotton exports increased by 8.9% compared to the same period last year, and the export of towels increased by 14.31% compared with the same period last year. The export of manufactured goods increased by 1.26% over the same period last year.
However, other than cotton yarn, the export of other yarns has created a 56.51% decline. In the first 7 months of the current fiscal year, exports of other yarns amounted to US $13 million 120 thousand except cotton yarn, and exports amounted to US $30 million 170 thousand over the same period last fiscal year.
Similarly, in January 2009, exports of textiles fell by 8.98% compared with December 2008. Exports in January 2009 amounted to US $753 million 900 thousand and exports in December 2008 amounted to US $720 million 300 thousand.
The industrialist said that in January, the natural gas industry to the textile industry dropped by 50%.
Editor in chief: Xu Qiyun
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