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Chief Of Finance & Business Development Nust

Price of Mash Pulse decreased by Rs. 3 per kg during last six weeks and price of Masoor pulse decreased by Rs. 2 per kg during last six weeks. The Finance Minister apprised about the economic bottlenecks faced by Pakistani economy during testing times of Covid-19. He also highlighted the initiatives undertaken by the government for ensuring economic progress and development in Pakistan. These avenues majorly include refinery, agriculture, IT sector and semi-conductor manufacturing sectors. Ministry of Energy, Petroleum Division submitted a summary on 15 years’ extension of lease contract between Saindak Metals Limited and MCC China for Saindak Copper Gold Project. ECC after detailed discussion allowed the extension of lease contract and recommended to review financial aspect of the project annually by the professional expertises. The Saudi Minister was also apprised that the present Government is providing incentives to attract and facilitate foreign investors. The Saudi Investment...
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Allied Business Finance

In the concluding remarks, the Finance Minister commended the efforts being undertaken for stabilizing the prices of essential items successfully and measures to ensure smooth supply of essential commodities throughout the country. NPMC was briefed on the fertilizer situation in the country and was informed about the smuggling of the locally manufactured fertilizer to the neighboring countries. The Chair expressed serious concern on the issue and directed FBR to take immediate action for curbing the smuggling of fertilizers in order to ensure price stability in the country. NPMC was also briefed on the prices of Pulses in the country, NPMC was informed that there was stability in price of Pulses. The price of Moong Pulses registered decline due to record domestic production while Maash Pulse also shown decline in its prices. Consumer Finance It was further directed to increase the imports of edible oil for sustainable availability of edible oil in future. By studying financial ins...
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