ECC Allows Import of 100,000 Metric Tons of Urea

The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division today. The Cabinet Committee approved the Ministry of Industries & Production’s proposal to import 100,000 MT of urea. This decision is aimed at ensuring sufficient supplies of urea in the market. This will also ensure the stability of prices of fertilizer during the cropping season. The meeting was attended by the Minister for Industries & Production Rana Tanveer Hussain, Minister for Petroleum Musadik Masood Malik, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Economic Affair Ahad Khan Cheema, Governor SBP, Chairman SECP, Dy Chairman Planning Commission, MD PASSCO, Chairman TCP, Federal Secretaries, and other senior officials of the relevant ministries.