ISLAMABAD, Aug 02 (NNI): The Economic Coordination Committee of the cabinet on Friday approved the import of 100,000 metric tons of Urea to ensure sufficient supplies of the fertilizer in the market.
This will also ensure stability of prices of fertilizer during the cropping season.
The ECC gave this approval at its meeting held in Islamabad today with Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb in the chair.
According to a press release, the meeting was attended by the Minister for Industries & Production Rana Tanveer Hussain, Minister for Petroleum Mr. Musadik Masood Malik, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Economic Affair Mr. Ahad Khan Cheema, Governor SBP, Chairman SECP, Dy Chairman Planning Commission, MD PASSCO, Chairman TCP, Federal Secretaries, and other senior officials of the relevant ministries.
The Cabinet Committee approved the proposal of Ministry of Industries & Production for import of 100,000 MT Urea. This decision is aimed at ensuring sufficient supplies of urea in the market. This will also ensure stability of prices of fertiliser during the cropping season. NNI
