Pakistan Textile Council (PTC) Chairman Fawad Anwar has called on the government to introduce three major reforms in Budget 2026-27. He wants 10-year fixed-rate financing for industry, restoration of the Final Tax Regime (FTR), and abolition of advance taxes on exporters.
Anwar says these steps are critical to reviving investment and boosting Pakistan’s export competitiveness.
Export Sector Faces Mounting Pressures
The export sector faces serious challenges. High financing costs, elevated energy tariffs, liquidity constraints, and a complex tax regime are discouraging fresh investment. Together, they are limiting export growth.
Fixed-Rate Financing to Unlock Industrial Expansion
Anwar stresses that industrial projects need long-term financial planning. Unpredictable borrowing costs hurt investor confidence.
He calls for a dedicated financing facility with a fixed markup rate for up to 10 years. This would support expansion, technology upgradation, and new export-oriented manufacturing units.
Advance Taxes Hurt Exporters’ Cash Flows
Multiple advance tax deductions are squeezing exporter liquidity. PTC wants these removed entirely.
Anwar argues that eliminating advance taxes will lower the cost of doing business and free up capital for production.
FTR Restoration Will Simplify Taxation
Restoring the Final Tax Regime will simplify Pakistan’s tax structure for exporters. It will also improve documentation and let businesses focus on growing production and exports rather than managing tax compliance.
Pakistan Can Capture Global Supply Chain Shift
PTC says Pakistan holds significant untapped export potential. Global supply chains are currently reconfiguring, creating a major opportunity.
However, the country needs policy reforms to reduce business costs and create a stable investment environment to capture this opportunity.
Budget 2026-27 a Chance for Export-Led Growth
Anwar calls the upcoming budget a defining moment.
“The right budgetary decisions can unlock new investment, increase production capacity and place the economy on a stronger growth trajectory,” he said.
PTC hopes Budget 2026-27 will deliver practical, growth-oriented reforms. The Council wants Pakistan to emerge as a competitive global manufacturing and export hub.