ECC sets urea price at Rs1200 a sack

ECC sets urea price at Rs1200 a sack

Fertilizer Industry Pakistan

ISLAMABAD: Economic Coordination Committee (ECC) of the cabinet has approved the reduction in price of imported
urea fertilizer and fixed its price at Rs. 1,200 per bag (fertilizer industry Pakistan ).

The ECC which met here with Federal Minister for Finance Senator Mohammad Ishaq Dar in chair approved the reduction
in price of imported urea fertilizer lying with National Fertilizer Marketing Limited (NFML).

Furthermore, the summary of reduction in imported urea price was presented by Ministry of Industries in Pakistan and Production,
a statement issued by the Ministry of Finance said.

Also, the ECC had earlier fixed the price of the imported urea at Rs.1,310 per bag.

Moreover, the ECC had earlier formed a committee headed by Secretary Industries and Production to propose steps for the
enhancement of sales of the imported urea.

The committee in today’s meeting also presented its report and suggested measures to boost the sales and
recommended reduction in price.

So, the ECC after detailed deliberations reduced the price to Rs. 1,200 per bag in order to enhance the sales of the
commodity to boost agriculture output.

Written by 

Related posts

Leave a Comment

error: Content is protected !!