Minister: (Promotion of Textile Industry key to economic development: Dar)

ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Sunday said that the promotion of textile industry is the key to overall industrial and economic development in the country.

He said the textile sector will be facilitated in the forthcoming budget as much as possible. He said that all sectors had an obligation to pay taxes to strengthen the economy.

He said the government wanted to strengthen the role of textile sector as the leading foreign exchange earner for the country. He urged the need for joint efforts by the government and the industrialists to achieve this goal.

The Minister agreed that energy problem was affecting the whole economy including the textile sector but serious efforts were being made to resolve it.