ECC of Cabinet approves import of sugar, wheat to ensure sufficient availability of commodities

ECC of Cabinet approves import of sugar, wheat to ensure sufficient availability of commodities

The Economic Coordination Committee of the Cabinet has approved import of sugar and wheat to ensure sufficient availability of the commodities.

The ECC, which met in Islamabad today (Wednesday) with Finance Minister Shaukat Tarin in the chair, approved import of 200,000 metric tons of Sugar and directed to workout arrangements for another 300,000 MT of sugar to build strategic reserves and ensure smooth supply of sugar across the country before the arrival of the fresh crop.

The committee also approved import of 400,000 MT of wheat and emphasized the importance of building strategic reserves in wake of evolving situation in Afghanistan which may affect the prices in the domestic market.

The ECC approved 150 million dollars to procure vaccine for COVID-19 including transportation and handling charges to meet the target of 85 million population to be vaccinated by the end of this year.