Finance Minister Miftah Ismail chaired a assembly of Fertilizer Manufactures of Pakistan Advisory Council in Islamabad on Wednesday.
The Chair was briefed about the quite a few issues staying confronted by the fertilizer brands in Pakistan. The matters majorly deliberated through the conference had been associated to GST input and output and gas subsidies with a primary emphasis on making certain continual provision of subsidized fertilizer to farmers.
The Finance Minister appreciated the purpose of FMPAC in facilitating the farmers and reassured about the existing government’s plan to provide full help to agriculture sector for its development and progress. He even further directed the related authorities to get the job done out possible prepare for the resolution of troubles faced by the Fertilizer sector.
It was also informed that a further spherical of assembly will be held in this regard with all of the stakeholders.
Secretary Ministry of Industries and Production Nadir Salir Qureshi, CEO Engro Fertilizer. Faisal Muzammil, CEO Agritech. Asad Murad, COO Fatima Fertilizers and senior officers from Finance Ministry and FBR attended the meeting.
In the meantime, Miftah Ismail also presided above a conference on resolution of difficulties of Japanese providers functioning in Pakistan.
He was briefed about the concerns getting faced by the Japanese Companies. The issues faced by Japanese companies were being about implementation of industrial policies, tax incentives for domestically produced auto, incentives to firms positioned in Particular Economic Zones and Export Processing Zones, hard cash margin necessities and support for progress of secure small business surroundings for auto market.
The Finance Minister soon after complete deliberations with all stakeholders confident entire help of the government for the resolution of several problems.