Govt committed to incentivize fertilizer manufacturers, exporters: Shaukat Tarin

MG News | August 26, 2021 at 10:17 AM GMT+05:00

0:00

August 26, 2021: Finance Minister, Shaukat Tarin has said the government is committed to encourage and give incentives to fertilizer manufacturers and exporters to meet domestic demand effectively.

He was speaking at a meeting with the Chairman and other members of the Fertilizer Manufacturers of Pakistan Advisory Council in Islamabad yesterday (Wednesday).

The Minister said there is a need to bring in more investment in the fertilizer sector for enhancing domestic production and higher crop yields.

The Chairman of Fertilizer Manufacturers Council apprised the Finance Minister about the challenges faced by the fertilizer Industry such as cash flow crunch, a mismatch between input and output GST on Urea production.

The Finance Minister directed the Chairman FBR to expedite the disbursement of refunds to improve the liquidity position of the fertilizer industry.

He assured full support and facilitation to the fertilizer industry on the occasion.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	145,613.10 287.82M	0.36% 524.60
ALLSHR	89,959.93 637.43M	0.36% 326.77
KSE30	44,746.75 130.24M	0.08% 34.20
KMI30	207,778.36 162.79M	0.53% 1096.20
KMIALLSHR	60,222.93 348.87M	0.39% 234.66
BKTi	40,111.34 31.25M	0.24% 94.38
OGTi	30,612.34 39.78M	1.98% 595.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,480.00	115,820.00 114,685.00	-350.00 -0.30%
BRENT CRUDE	67.14	67.58 66.70	0.25 0.37%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.60	65.08 64.12	0.25 0.39%
SUGAR #11 WORLD	16.16	16.16 15.97	0.15 0.94%