Islamabad, May 29, 2022 (PPI-OT): Economic Coordination Committee of the Cabinet has approved import of two million metric tonnes wheat on government-to-government basis while one million metric ton through international tendering process under the existing arrangement.

The meeting which met in Islamabad with Finance Minister Miftah Ismail in the chair, also allowed continuation of existing subsidy for two weeks on essential commodities including flour, Sugar, Rice, and Pulses, and 100 rupees per kg subsidy on Ghee at Utility Stores.

The ECC also approved Trading Corporation of Pakistan to import 200,000 metric tonnes Granular Urea from China on deferred payment basis within ninety days. The Forum also allowed removing two percent Additional Custom Duties on import of Palm Oil for shipments originating from all sources except Indonesia for 10-20 June, 2022, subject to approval of Federal Cabinet.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk