According to All Pakistan Textile Mills Association (APTMA), Alhamdulillah, it is proved that we have cost-push inflation in Pakistan and interest rates have been brought down from 13.25% to 7% in the last 90 days. Inflation has also come down. We congratulate the Prime Minister and his Economic Team on this achievement. The main beneficiary is the government with 75 percent of the money i.e Rs 15 Trillion, invested in banking sector in Government Securities then domestic industry, commerce and domestic production will get the benefit who has borrowed Rs 4 Trillion and then exports, which has Rs 1 trillion borrowing.

We have to be regionally competitive in all aspects to export from Pakistan. Energy Price, Interest Rates and Zero Rated Sales Tax Facility for exports are the key points. We have to note that the prevailing Regional Discount Rate is 4 percent and we have to bring down to the same level within next quarter.