Psllivecricket t20 world cup 2022 Pakistan lifts ban on sugar exports – finance ministry – Reuters

Pakistan lifts ban on sugar exports – finance ministry – Reuters

wp header logo 836

ISLAMABAD, Dec 15 (Reuters) – Pakistan has lifted a ban on sugar exports, the finance ministry said on Thursday, in a move that government sources indicated was aimed at boosting foreign reserves.
The decision was taken by the Economic Co-ordination Committee headed by Finance Minister Ishaq Dar.
The ECC approved a summary of the food security ministry, the statement said, adding it will apply to sugar exports during the fiscal 2022-2023 year.
Exports of sugar up to 100,000 tonnes will be allowed, it said, adding that the ECC would review the situation on fortnightly basis.
Sugar prices in the local market will not increase until at least Jan. 31, the finance ministry said.
Government sources said the move was a bid to boost the country's foreign reserves, which have fallen to as low as $6.7 billion, barely enough to cover a month of imports.
Our Standards: The Thomson Reuters Trust Principles.
John Morton, the U.S. Treasury's first climate counselor, is stepping down, effective Friday, but says he is confident his work in coordinating climate change policies across the department will continue – even beyond the Biden administration.
Oil prices steadied on Friday, but fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post