Connect with us

Pakistan

Pakistan decides to “ban” wheat imports.

Published

on

ISLAMABAD Wheat imports are no longer permitted, according to the Caretaker Federal Government of Pakistan, as reported by ARY News, citing sources.

Reportedly, the Economic Coordination Committee (ECC) decided against allowing wheat imports at the state level because Pakistan possesses sufficient stockpiles and its flour prices remain steady.

Pakistan has sufficient wheat reserves to cover its demands, according to government sources.

The ECC was briefed on wheat supplies by the Ministry of National Food Security, and the committee praised the ministry’s actions in this respect. This led to the decision.

The Economic Coordination Committee of the Cabinet authorised a 7.15 billion rupee Technical Supplementary Grant for Federal Education and Professional Training yesterday.

The Economic Coordination Committee met in Islamabad today, with Dr. Shamshad Akhtar, the Minister of Finance, Revenue, and Economic Affairs, presiding over the approval.

The 7th Population and Housing Census Technical Supplementary Grant of four billion rupees was also approved by the Economic Coordination Committee.

The ECC also authorised a Technical Supplementary Grant under a Japanese grant for Lahore’s clean drinking water supply and Khyber Pakhtunkhwa’s rural roads devastated by flooding.

The Committee approved the summary of the all-inclusive Sustainable Plan for Gilgit-Baltistan’s Subsidised Wheat Price Rationalisation.

In addition, further funding of 1591.624 million rupees was allocated for the purpose of recruiting experts and purchasing servers.

The Ministry of Aviation has been cleared to receive a 500 million rupee Technical Supplementary Grant by the Economic Coordination Committee.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Over Pakistan, Rain and Snowfall Are Expected Over the Next Three Days

Published

on

By

As a succession of westerly winds sweep into the upper areas of Pakistan, rain is expected to fall during the following three days.

The Meteorological Department forecasts snowfall in mountainous regions and rainfall in Khyber Pakhtunkhwa, Kashmir, and Gilgit-Baltistan. There will be rain in Balochistan and the Punjabi plains, including Islamabad and Rawalpindi.

In addition, Khyber Pakhtunkhwa, Gilgit-Baltistan, Kashmir, Upper Punjab, Islamabad, and Northeastern Balochistan are scheduled to see strong winds, thunderstorms, and partly overcast weather during the course of the next day.

Since last month, there has been mild to severe haze in some portions of the country’s upper regions. The capital of Punjab, Lahore, as well as cities like Multan and Sialkot, are among the areas most severely impacted by dense fog.

Other regions of the nation will see dry weather in the interim. It is anticipated that most of Punjab will see morning smog and fog, which will eventually dissipate by nightfall.

Continue Reading

Business

Dar chairs the CCOP meeting; Blue World’s bid offer of Rs.10 billion is rejected.

Published

on

By

The Foreign Minister/Deputy Prime Minister chaired the Cabinet Committee on Privatization meeting.

Other committee members who attended the conference included the Federal Secretaries of several Divisions, the Ministers of Finance and Revenue, Industry and Food, Commerce, Power, and Privatization.

The CCOP took the PC Board’s recommendation into consideration and suggested that Blue World’s bid of 10 billion rupees for the sale of 60% of PIACL’s shares be rejected. The bid was rejected by the CCOP, who chose to follow the PC Board’s advice.

The government’s determination to sell out PIACL through government-to-government or privatization was reaffirmed by the CCOP.

The CCOP was pleased with the Aviation Division’s evaluation of PIACL’s sound financial standing.

Additionally, the CCOP established a committee, chaired by the Minister of State for Finance, to assess potential transaction possibilities for the privatization of the Roosevelt Hotel and the appropriate modes of adoption in light of existing legal rules.

Prior to its subsequent meeting, the CCOP also ordered that all difficulties be resolved and an agreement for the selling of services to an international hotel be concluded.

Continue Reading

Latest News

Combating Terrorism: Twelve Terrorists Destroyed in Separate Operations by Security Forces

Published

on

By

Eleven terrorists and Kharijis were killed in two separate intelligence-based operations in Balochistan’s Miran Shah District and North Waziristan. One of the victims was Sana Alias Baru, a high-value target.

In the vicinity of Miran Shah in North Waziristan, security forces successfully fought the Khwarij, leading to the death of eight and injury of six.

The general region of Balgatar, Kech District, Balochistan was earlier the scene of an Intelligence-Based Operation that resulted in the deaths of four terrorists, one of them was a high-value target.

Authorities in Kech District were actively seeking Baru, who had a pivotal role in recruiting members of the so-called Majeed Brigade, particularly suicide bombers.

Among the terrorists’ possessions were weapons and ammo.

In order to eradicate any lingering terrorists in the vicinity, a sanitation operation is currently under progress.

With unwavering resolve, the Pakistani security forces will eradicate the terrorist threat from the nation.

Continue Reading

Trending