Finance Minister stresses to remove bottlenecks in agriculture sector

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MG News | May 04, 2021 at 09:43 AM GMT+05:00

May 4, 2021: Finance Minister Shaukat Tarin has stressed re-visiting the farm-to-end-consumer chain by removing bottlenecks in farm labour, processing, transport and logistics to transform the agriculture sector.

He was chairing a meeting of the Sub-Committee of Economic Advisory Council on Agriculture in Islamabad on Monday.

The committee reviewed the entire food supply chain from farmer to end-consumer for minimizing the price differential between wholesale and retail prices of basic commodities. The key focus is to work out a regulatory mechanism to ensure that the farmer gets a fair share and undue profiteering is curtailed effectively.

The Finance Minister encouraged members of the committee to come up with innovative ideas to ensure price stability in key commodities of daily use.

Meanwhile, the Chairman Board of Investment Atif Bokhari called on the Minister and apprised him of the board's major initiative to improve the Ease of Doing Business in Pakistan and reforms in the BOI. He said Pakistan registered significant improvement in six key indicators which eventually led to improvement in the overall ranking of the country.

Shaukat Tarin assured full support and facilitation for creating a conducive business environment to transform Pakistan into one of the top investment destinations as envisaged by Prime Minister Imran Khan.

Radio Pakistan

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