June 13, 2022: Federal Minister for Finance and Revenue Mr Miftah Ismail on Monday, directed the relevant authorities to expedite the process of resolving issues regarding the opening of LCs for oil imports.
The meeting was held on facility confirmation of LCs for oil imports at Finance Division today.
Minister of State for Foreign Affairs Ms Hina Rabbani Khar, Chairman FBR, Governor SBP, Chairman OGRA and senior officers participated in the meeting.
The meeting discussed issues regarding the opening of LCs for oil imports and steps for resolving the issues for a smooth supply of energy chain in the country.
The finance minister discussed the available options for the resolution of this issue. After, comprehensive deliberation on the pragmatic way-outs, the chair directed the relevant authorities to expedite the process of resolving these issues.
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