Textile Exports Are Facing A 20% Of Loss Due To Gas Shortage In Pakistan
The most important export industry in Pakistan is textile. And the gas shortage is reflecting directly on that, causing inflation and weakening currency along with it. This is impacting tremendous stress on the overall economy of Pakistan. The executive director of all Pakistan Textile Mills, Shahid Sattar said, over 250 million dollars of textile exports was lost in the last month after mills in Punjab were forced to shut for 15 days. Factories of that region depend on regasified imports of liquefied natural gas. While the domestic gas…
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