Pakistan’s textile industry has warned the government that an effective tax burden of up to 113% is severely damaging exports and creating a deep financial crisis ahead of the FY2026-27 budget. The Pakistan Textile Council told Prime Minister Shehbaz Sharif that exporters are struggling to survive because excessive taxes, delayed refunds, and blocked working capital […]
export crisis
Pakistan potato market crashes amid Afghan border closure
ISLAMABAD: Pakistan’s potato market suffered a severe crash last week as a growing supply glut coincided with the closure of the Afghan border. Farmers and stockists are offloading stored potatoes, intended for both exports and domestic consumption, at prices that fail to cover transportation and cold storage costs. Read More: China a potential market for Pakistani potatoes: experts […]