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Vessel with 33,000 tonnes of imported sugar arrives at Karachi port

Vessel with 33,000 tonnes of imported sugar arrives at Karachi port test KARACHI: A vessel carrying 33,000 tonnes of sugar imported by the Trading Corporation of Pakistan (TCP) arrived at Karachi Port Trust (KPT) on Tuesday, ARY News reported. An official of the TCP said here on Tuesday that a vessel with 33,000 metric ton of sugar docked at the outer anchorage of Port Qasim here. The vessel will be berthed on Tuesday morning and the unloading will start immediately. The TCP spokesperson said imported sugar will be handed over to Utility Stores Corporation. The TCP official further stated that the shipments of sugar are taking place as per contracts awarded in view of the decision of the Economic Coordination Committee of the Cabinet.

Ministry declines funds for Covid jabs

Advises health ministry to get $393m loan for coronavirus vaccines A woman holds a small bottle labeled with a Vaccine COVID-19 sticker and a medical syringe in this illustration taken April 10, 2020. PHOTO: REUTERS ISLAMABAD: The Ministry of Finance has declined to provide $393 million to the health ministry from the budget to procure Covid-19 vaccines, advising it to arrange foreign loans in order to avoid pressure on exchange rate and also ensure transparency in deals. The finance ministry’s refusal came 10 days before the Asian Development Bank (ADB) is set to approve a $500 million loan for procurement of Covid-19 vaccines. The ADB board is going to approve a $500 million loan for procurement of vaccines on August 6 under APVAX facility.

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