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EMC calls for utilisation of Gwadar Port for imports, exports

Posted on 03 December 2008

ISLAMABAD: Economic Monitoring Committee (EMC) here on Monday asked the Ministry of Ports and Shipping for better utilisation of the Gwadar Port for the transportation of imports and exports of the country.

The EMC, which met under the chairmanship of Mr Shaukat Tarin, Adviser to Prime Minister on Finance, while reviewing the cement exports situation directed the Ministry of Ports and Shipping to remove all the bottlenecks being faced by exporters. EMC also advised the Ministry of Food and Agriculture to act as an equalizer in judicious distribution of wheat stocks to the provinces.

The EMC was informed that the Ministry of Food and Agriculture has currently a balance stock of 3.25 million tonnes wheat while another 455,000 tonnes of imported wheat had already landed to supplement the balance stocks. The EMC advised the Ministries of Food, Agriculture and Commerce to ensure that the deficient areas be actively targeted to facilitate the common man.

Adviser to the PM on Finance directed the concerned Ministries to ensure that in future sufficient stocks are procured and distribution system is duly streamlined to meet any emergent situation. He directed that the people should get quality flour for their consumption.

The EMC was informed that the overall situation of prices of the food items remained stable during the last week and would further improve through an equitable distribution of these commodities.

Deliberating upon the demand and supply of urea in the country, the EMC was of the view that the middleman and dealer were profiteering and if required the distribution of urea to the farmers could be entrusted to alternate means of distribution. The EMC called for immediate action to refurbish the urea stocks as any shortfall in the availability of urea to the farmers could be harmful for the next crop.

On a point raised by Utility Store Corporation, the Adviser to the Prime Minister directed the Ministry of Finance to respond to the USC’s claims positively and help them out of their economic problems.

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