Saudi Arabia considering to extend an oil facility to Pakistan : Shaukat Tarin

ISLAMABAD (92 News) – Finance Minister Shaukat Tarin has said that Saudi Arabia is considering to extend an oil facility to Pakistan.

Speaking to the floor of National Assembly (NA), Shaukat Tarin said that Saudi Arabia will supply oil to Pakistan on late payments. “The agreement would be reached soon.”

He said that the government is taking all possible steps to boost the agriculture sector. “The economy is growing after a longtime and that is why imports are on the rise.”

Replying to a question, Parliamentary Secretary for Commerce Aliya Hamza Malik said that textile’s exports have witnessed a growth of 23 percent, engineering goods 30 percent, and carpets, footwear, and surgical goods 14 percent.

Responding to another question, Parliamentary Secretary for Planning, Development and Reform Kanwal Shauzab said that textile sector is working at its full capacity production by taking withdrawal of government’s withdrawal of duties and taxes on import of the raw cotton. She said that almost half a million jobs have been created in the textile industry.