Pakistan's Textile Sector Collapses: Factories Shut, Jobs Lost, Bailout Demanded

• Pakistan's textile sector, vital for exports and employment, faces collapse with factories closing and mass layoffs.
• Pakistan Textile Council urged PM Shehbaz Sharif to declare an 'export emergency' and provide a bailout package.
• Exports declined over 14% in November 2025, marking the fourth consecutive monthly fall, leading to a $15.5 billion trade deficit in five months.
• High energy costs, inconsistent tax policies, delayed refunds, and lack of clear government support are cited as primary causes.
• The crisis, impacting over 60% of total exports and millions of jobs, poses a significant national economic risk for Pakistan.

Why It Matters: Pakistan's textile industry is in deep crisis, demanding urgent government intervention to prevent national economic collapse.