Only 2% industrialists and exporters from Faisalabad would benefit from one-year moratorium on LTF (EO) facility, as majority comprise medium and small scale textile units. This came out during a survey of textile industries belt in Khurrianwala and Jinnah Colony, Faisalabad. Most of the textile exporters were disappointed by the bailout package announced recently by the government, said Salamat Ali, Vice Chairman of Pakistan Hosiery Manufacturers Association (North Zone).

Most pinching element was the high mark-up rate, ranging from 18% to 22%, which was heavy burdening not only on the manufacturing cost but was also making the exports costlier, rendering them uncompetitive compared to regional rivals' products. Zahid Aslam, a Former Chairman of Pakistan Textile Exporters Association, said that difficulties were already compounded by severe electricity and gas load shedding, which had reduced the productivity output to 50%. With this low productivity, the exporters are unable to fulfil their commitments to foreign buyers.