Tag Archives: Sugar

Pakistan and France have signed an agreement for the suspension of loans amounting to $107 million under the G20 Debt Service Suspension Initiative (DSSI), the Economic Affairs Division said on Monday. In a press release, it said the amount, initially repayable between July and December 2021, would now be repaid over a period of six years (including a one-year grace …

ISLAMABAD: Pakistan’s food import bill widened by 54.45 per cent to $6.12 billion year-on-year during the nine months of the current fiscal year (9MFY21) mainly due to sugar and wheat imports to bridge the shortfall in domestic production of agriculture produce. The rising food import bill also triggered trade deficit which would cause some uneasiness on the external side for …

o HAMBURG: The state-run Trading Corporation of Pakistan (TCP) has issued two new international tenders to purchase and import 300,000 tonnes of wheat and 50,000 tonnes of white sugar, European traders said on Monday. The tenders close on March 16. Pakistan has regularly bought wheat and sugar in the global market in past months in moves to improve local supplies …

ISLAMABAD: Amid rising prices, the government on Wednesday decided to allow tax- and duty-free import of 800,000 tonnes of sugar and 300,000 tonnes of wheat to beef up buffer stocks. The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Dr Hafeez Shaikh. The ECC allowed tax- and duty-free …