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ECC approves immediate import of 100,000 tonnes of urea

ECC approves the immediate import

Ministry asked to study the rate mechanism of fertiliser enterprise to make sure the availability of urea to farmers at inexpensive costs

so that you can facilitate the farmers and to fulfill their call for, the financial Coordination Committee (ECC) of the cupboard permitted an immediate import of one hundred,000 tonnes of urea.

in the course of the ECC meeting, chaired with the aid of Finance Minister Asad Umar on Wednesday, the Industries and production department briefed approximately the supply of urea within the usa.

other than approving the import of a hundred,000 tonnes of urea, the ECC also determined to permit an additional import of urea to facilitate any demand-supply gap.

The ECC directed the Ministry of Industries and production to study the price mechanism of the fertiliser industry to make certain the provision of urea to farmers at less expensive fees.
The committee directed the applicable institution to check market manipulation sports inside the fertiliser region and use all the powers to be had beneath the law to penalize such behaviour.

in the meantime, the committee became apprised by the Industries division approximately the reputation of countrywide accountability Bureau (NAB) cases towards seven humans concerned in corruption in Pakistan steel turbines.

The indoors division informed that the names of the seven accused had been recommended for placement at the exit manage listing (ECL).

Giving a presentation to the committee, software stores agency knowledgeable approximately preparations for the Ramazan bundle. The ECC directed the Industries division to ensure that Ramazan package is applied efficaciously and the intended remedy is handed on to purchasers.

The facts division on the event gave a presentation to the committee approximately inflation and fee scenario of numerous gadgets inside the country. It became determined that a sub-committee might be constituted beneath the chairmanship of country wide meals security & studies minister to check the supply and demand state of affairs of crucial food objects and to make certain strong fees within the usa.

The committee accorded approval to an offer of Ministry of Petroleum regarding gasoline deliver settlement between Pakistan kingdom Oil (PSO) and country Oil company of the Republic of Azerbaijan (SOCAR).

The committee also taken into consideration and accredited various proposals for supplementary and technical complement offers.

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