Gwadar port set to handle half of govt imports, cabinet approves
MG News | September 16, 2024 at 10:44 AM GMT+05:00
September 16, 2024 (MLN): The Federal Cabinet on Thursday approved a proposal by the Ministry of Maritime Affairs to direct all government departments to route 50% of their imports, such as wheat, sugar, and fertilizer, through the Gwadar Port.
Earlier, the prime minister issued directives to increase the Gwadar port operations to ensure the development and prosperity of the Balochistan province, the Information Ministry reported.
He also directed that 50% of all public sector imports should be ensured through the Gwadar Port.
The cabinet also instructed to increase the volume of exports from Gwadar Port in the future.
To note, Prime Minister Shehbaz Sharif also presided over the meeting of the Federal Cabinet.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 178,262.34 385.16M | 4.23% 7241.13 |
| ALLSHR | 107,837.44 1,028.26M | 3.85% 4001.05 |
| KSE30 | 53,347.67 160.21M | 4.70% 2395.68 |
| KMI30 | 251,510.37 142.71M | 4.52% 10876.50 |
| KMIALLSHR | 69,173.86 484.44M | 3.91% 2601.11 |
| BKTi | 51,064.73 51.74M | 4.91% 2391.50 |
| OGTi | 35,248.42 10.48M | 4.59% 1546.17 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,860.00 | 66,075.00 63,875.00 | 645.00 1.00% |
| BRENT CRUDE | 90.40 | 93.60 87.55 | -6.38 -6.59% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.55 -1.44% |
| ROTTERDAM COAL MONTHLY | 120.00 | 120.00 120.00 | -0.25 -0.21% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 83.97 | 86.20 82.12 | -5.34 -5.98% |
| SUGAR #11 WORLD | 14.55 | 14.75 14.54 | -0.22 -1.49% |
Chart of the Day
Latest News
Top 5 things to watch in this week
MPC Decision
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|