ISLAMABAD: The federal government has issued another tender for the import of sugar amid rising domestic prices. According to the Trading Corporation of Pakistan (TCP), the tender is for the import of 100,000 metric tons of sugar and is scheduled to be opened on August 11. This move comes just days after the government placed … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged the ministry of commerce to facilitate barter trade with Iran as trade ties are re-established between the commerce ministries of both countries, a statement said on Monday. Unisame president Zulfikar Thaver apprised that Iran is ready to buy big quantities of different varieties of … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the summary presented by the Ministry of Commerce on Textile and Apparel Policy 2020/25 with the directives to incorporate inputs of the Federal Board of Revenue (FBR) and the Finance Division and meet the observations of the Power Division. Federal Minister for Economic Affairs Omar … Read more
KARACHI: The Trading Corporation of Pakistan (TCP) has sought Rs305.4 billion commodity operation financing for the import of sugar, wheat, urea, cotton and rice during the first quarter of 2022, an official said. “[The] TCP had already obtained approval from the Ministry of Finance for the planned commodity operation financing, and [the] banks would provide … Read more
KARACHI: Federal Minister for Finance and Revenue Shaukat Tarin asked the ministries concerned to accelerate wheat and sugar imports and ensure that sufficient stocks are available for a smooth supply during the current financial year. He also urged the ministries concerned and Trade Corporation of Pakistan (TCP) to exercise due diligence and take appropriate measures … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday reduced the subsidy on three essential food items available in the Utility Stores Corporations (USC) outlets across the country. The ECC meeting, chaired by Federal Minister for Finance and Revenue Shaukat Tarin at the Finance Division, also approved revision in the prices of three … Read more
