Unveiling the soul of Pakistan's metropolis.
Karachi Matters
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Unveiling the soul of Pakistan's metropolis.
Karachi Matters Editor
50% Decrease in Cotton Production Causes Crisis in Textile Sector
A significant decrease in cotton production has plunged the textile sector into a crisis.
Compared to last year, cotton production in Pakistan has dropped by 50%.
By August 15, the domestic production of cotton was 1,075,000 bales, which is a 49% decrease compared to the same period last year.
In Punjab, cotton production was down by 38%, while in Sindh it decreased by 54%.
Karachi Matters EditorFederal Planning Minister Ahsan Iqbal has announced an increase in the defense budget in response to the evolving national security situation. He assured that the IMF is satisfied with government…
Karachi Matters EditorJamaat-e-Islami has demanded a reduction in income tax rates for the salaried class, highlighting that Rs391 billion has already been collected from them in the first nine months of the…
