Italy has announced that it would provide technical assistance for olive cultivation in Pakistan. A meeting of the Steering Committee on Olive Culture Holistic and Multi-Professional Mechanism for a Pakistani Olive Oil Value Chain project was held at the Ministry of National Food Security and Research. Ambassador of Italy to Pakistan, Andreas Ferrarese and Secretary…
The World Bank is planning to give Pakistan $1.3b to help with emergencies, agriculture, and housing. While talking about the World Bank’s Board meeting in December, John A Roome said that the World Bank plans to provide Pakistan with the financial support of $1.3 billion for emergency, agriculture, and housing relief. The World Bank’s Regional…
The Economic Coordination Committee (ECC) on Monday approved the import of 0.3 million tons of wheat from Russia on a government-to-government basis. Pakistan will import at a rate of $372 per ton. Earlier, ECC had approved the import of wheat at $373 per ton through a tender by TCP. So, the deal with Russia is…
Punjab has requested the federal government to enhance the subsidy allocation to disburse through Kissan Card to meet the target of 1 million cards among farmers till June 2022. The Punjab province called for enhancing subsidy allocation in a high-level meeting of the National Coordination Committee here on Wednesday. Federal Minister NFSR The 18th Meeting…
News Report Islamabad: Wheat Review Committee on Monday estimated total wheat production to exceed 27.5 million metric tons this year. Wheat Review Committee on Wheat 2021-22 Crop held a meeting on Monday under the Chair Syed Fakhar Imam, Federal Minister for National Food Security & Research, Islamabad. Representatives of all Provincial Food Departments, PASSCO, and…
Aftab Ahmed Economic Coordination Committee (ECC) has approved the supply of 73 mmcfd LNG to AGL and Fatima Fertilizer plants to produce fertilizer. However, it has directed the industries ministry to consult stakeholders to find out the demand of urea in the country. It also further directed to work out the possibility of import of…
News Desk Islamabad: FFC and EFERT have increased prices of urea by Rs 50 per bag effective from August, 2021. As per our channel checks, FFC and EFERT have increased urea prices by PKR 50/bag(effective from August), taking current prices (Dealer Transfer Price)to hover near PKR 1,720/bag, MBA Capital Management said in a note. Local…
Islamabad: The federal Food Minister has urged to encourage Organic cherry and apricot market for the growth of agriculture in Gilgit Baltistan. The federal minister said that Gilgit Baltistan produced 350,000 tons of organic cherry. However, it wasted 30-40% according to a survey done by JICA. Of a total of 2 million tons of apricot…
Aftab Ahmed Islamabad: The Economic Coordination Committee of the Federal Cabinet on Monday is likely to approve a cotton intervention price of Rs 5000 per 40 kg in Pakistan for the current cotton crop, sources familiar with the development told Newztodays.com. Pakistan is mainly dependent on the import of cotton as farmers have not been…
News Report Moscow: The Russian government has lifted the ban on the import of Pakistani rice after two years when Pakistani authorities assured the Russian to comply with SPS, an official of the Pakistani Mission in Moscow told this scribe. Pakistan has been struggling since 2019 to convince Russian authorities to allow the resumption of…