No leniency towards profiteers and hoarders: PM Imran Khan

Government of PakistanNo leniency towards profiteers and hoarders: PM Imran Khan
  • Administrative measures must be ensured for adequate supply of fertilizer: PM
  • There is no shortage of essential commodities in the Country: PM

ISLAMABAD, Pakistan: Prime Minister Imran Khan has directed that no leniency will be shown toward elements involved in profiteering and hoarding.

While chairing a high-level follow-up meeting to review the supply and demand of fertilizer in the Country, the prime minister said that hoarding of fertilizer can adversely affect the crop production for the Rabi season, therefore, supply of fertilizer must be ensured for the farmers.

   

The prime minister said that the Pakistan Tehreek-e-Insaf (PTI) government has introduced farmer friendly policies for the first time in the history of the Country as they are the backbone of Pakistan’s economy.

Imran Khan directed that an effective public awareness campaign be launched to dispel the rumors about urea shortage.

The meeting was informed that an average fertilizer supply of 19,000 MT/day was ensured during last week and an additional 1,000 MT/day has been added.

It was informed that the Federal Cabinet has approved has import of 100,000 MT of Urea from China on government-to-government basis at almost half price from the current international market rate.

As regards anti-smuggling measures, it was informed that 92,845 bags of urea have been confiscated by provincial governments of Punjab, Khyber Pakhtunkhwa and Balochistan that were being smuggled.

A dedicated Monitoring Cell in the Ministry of Industries is monitoring the Fertilizer situation and it has helped in urea tracing and price control.

The Federal Ministers Shaukat Tareen, Makhdoom Khusro Bakhtyar and Syed Fakhar Imam, Minister of State Farrukh Habib, SAPM Dr. Shahbaz Gill, executives from Fertilizer Manufacturing Companies and Senior Officers attended the meeting.

The Chief Secretaries of Punjab and Khyber Pakhtunkhwa joined via video link.

Must read

Recent News

Ambassador Blome expresses US support for Pakistan’s democracy

0
ISLAMABAD, Pakistan: The US Ambassador to Pakistan Donald Blome met with the Minister of Law and Justice and Human Rights Azam Nazeer Tarar in...

Interbank Dollar Rate Today in Pakistan – 14 May 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for May 14,...
transfer SIM ownership

IHC prevents govt from blocking SIMs of non-filers

0
ISLAMABD, Pakistan: The Islamabad High Court (IHC) on Tuesday issued a stay order till May 27, 2024 preventing the federal government from blocking mobile...

Ishaq Dar reaffirms Pakistan’s firm support to China on its core issues

0
BEIJING, China: The Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Tuesday met with the Minister of the International Department of...

PM Shahbaz announces privatization of all SOEs except strategic entities

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has announced to privatize all State-Owned Enterprises (SOEs) with the exception of strategically important entities.Chairing a review meeting...
Advertisement