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The 9MFY21 lint imports surpassed the FY20 total cotton import bill of $1.704bn. Cotton import bill in FY19 was $1.65bn. AFP/File KARACHI: The country spent $1.838 billion on cotton imports during nine months of the current fiscal year (9MFY21) up 46 per cent from $1.258bn in the same period a year ago. The 9MFY21 lint imports surpassed the FY20 total cotton import bill of $1.704bn. Cotton import bill in FY19 was $1.65bn. Meanwhile, sharp decline in cotton production from over 14 million bales in 2012 to 5.6m bales this year has shattered the hopes of the textile industry which was seeking to improve its performance.

Nasim usmanAsim bajwaJesu malKarachi brokers forumFederation of chambers commerceEconomic coordination committeeKarachi brokersIndustry pakistanBayer crop science regulatoryChina pakistan economic corridorEconomic coordinationநாசிம் உஸ்மேன்அசிம் பஜ்வாஜேசு மால்கூட்டமைப்பு ஆஃப் அறைகள் வர்த்தகம்பொருளாதார ஒருங்கிணைப்பு குழு