SIALKOT: Pakistan Readymade Garments Manufacturers and Exporters Association(PRGMEA) Chief Coordinator Ejaz A Khokhar has urged the federal government to ensure the early release of the prolonged pending liquidity of more than Rs 200 billion to the SMEs for jazzing up the pace of the export promotional activities in the country.
He said that this prolonged blockage of Rs 200 billion liquidity was also a major hurdle in the smooth way of promotion of national exports.
He stated this while talking to the newsmen at his Sialkot office here today. Ejaz A. Khokhar added that the early release of the pending liquidity of Rs.200 billion has now become vital to boost the SMEs sector and export sector as well. He said that if this liquidity is released by the federal government without any further delay then the SMEs and exporters would be able to increase the national exports within the next three months s well.
The chief coordinator said, “The government should adopt the friendly aptitude towards the exporters, as this was 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-hours long quarterly meeting with the exporters after every three months to listen their problems and suggestions for boosting the national exporters.
He said that the export sector is lying badly out of focus by the government, amazingly. He said that there was no doubt to say that the national exports of Pakistan have been declining continuously for the last three consecutive years since 2013 due to some unrealistic policies adopted by the federal government for the exports’ promotion.
Ejaz A. Khokhar said that readymade garments sector has shown 4 percent increase in its annual exports despite all the odds, saying that the readymade garments exporters increased their exports by reducing margin of their profit, in this regard.
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 in the country.
