Pakistan’s Textile In Nose Dive

Sun Aug 06 2023
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LAHORE: It is 700,000 people associated with the textile sector and they are left with the question as what will happen next, Pakistan textile has gone in nose dive and a crisis is the making. The day work ends for the worker the same day life starts seeping away.

The war in Ukraine has affected many countries first with food security followed by energy crisis and there is no end in sight.

Pakistan is also paying it price with next to nothing orders and exorbitant energy tariffs.

Political chaos has taken its toll and 60 per cent of Pakistan’s economy that is dependent on Textile sector is all closed down.

AFP

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