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Updated 05 Jul, 2017 10:24am

Fertiliser sales resume after subsidy assurance

KARACHI: Fertiliser manufacturers on Tuesday decided to resume sales of urea after the Ministry of Finance and Ministry of Food Security and Research gave an assurance to issue a subsidy notification within the next 10 days.

The subsidy notification has faced procedural delays by concerned ministries and had to be issued before June 30, 2017 for disbursement of new subsidy scheme announced in budget 2017-18. The industry had earlier decided to stop the sales of urea. The industry hopes the government would fulfill its commitment and devise a simplified way of subsidy disbursement, a press release said.

Fertiliser prices in Pakistan remained capped, due to the subsidy programme – a costly and tedious exercise for the government and the fertiliser industry.

Published in Dawn, July 5th, 2017

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