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Parliamentary Committee Expresses Concern Over High Textile Tariffs


Parliamentary Committee Expresses Concern Over High Textile Tariffs
While chairing the 20
th meeting of the Standing Committee on Commerce, Chairman Syed Naveed Qamar expressed serious concern about Pakistan’s high textile tariffs as compared to other regional competitors.
He urged the government to take immediate steps regarding the rationalization of tariffs of the Textile Sector.
He said that Textile and Apparel accounts for over 60 percent of Pakistan’s exports, and higher import tariffs are increasingly being dubbed as the tax on exports making exports uncompetitive.
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Advisor to the Prime Minister for Commerce, Textile and Investment, Abdul Razak Dawood, informed the Committee that National Tariff Commission (NTC) was directed to complete the study of the Textile Sector to rationalize the tariffs of the sector in line with the recommendations of the study. ....

Farukh Khan , Syed Naveed Qamar , Abdul Razak Dawood , Usman Ibrahim , Mian Muhammad Shafiq , Wajiha Akram , Sajida Begum , Rasheed Ahmed Khan , Muhammad Yaqoob Shaikh , Ali Khan Jadoon , Mohsin Dawar , Shaista Pervaiz , Rana Iradat Sharif Khan , Maritime Affairs , Ministry Of Commerce , Pakistan Textile Mill Association , National Tariff Commission , Ministry Of Maritime Affairs , Standing Committee On Commerce , Members Of The Committee , Standing Committee , Chairman Syed Naveed Qamar , Prime Minister , Textile Sector , Afghanistan Pakistan Transit Trade Agreement , Pakistan Customs ,

Weekly SPI registers 0.22% decline


Weekly SPI registers 0.22% decline
December 21, 2020
ISLAMABAD, Pakistan: The Federal Minister for Finance and Revenue Dr. Abdul Hafeez Sheikh chaired the meeting of the National Price Monitoring Committee (NPMC) in Islamabad on Monday.
The Prime Minister’s Adviser on Commerce Abdul Razaq Dawood, the Prime Minister’s Special Assistant on Revenue Dr. Waqar Masood, the Secretary at the Ministry of National Food Security & Research (MNFS&R), the Special Secretary Commerce, the Additional Secretary Industries and Production, the Chairman Federal Board of Revenue (FBR), the Provincial Chief Secretaries, the Managing Director PASSCO, the Managing Director Utility Stores Corporation (USC), the Chairperson Competition Commission of Pakistan (CCP), the Chairman Trading Corporation of Pakistan (TCP), the Member Pakistan Bureau of Statistics (PBS), and Senior Officials of the Finance Division participated in the meeting. ....

Abdul Hafeez Sheikh , Waqar Masood , Abdul Razaq Dawood , Ministry Of National Food Security Research , Senior Officials Of The Finance Division , Trading Corporation Of Pakistan , Utility Stores Corporation , Member Pakistan Bureau Of Statistics , National Price Monitoring Committee , Chairperson Competition Commission Of Pakistan , Federal Minister , Prime Minister , Commerce Abdul Razaq Dawood , Special Assistant , National Food Security , Special Secretary Commerce , Additional Secretary Industries , Chairman Federal Board , Provincial Chief Secretaries , Managing Director , Managing Director Utility Stores Corporation , Chairperson Competition Commission , Chairman Trading Corporation , Member Pakistan Bureau , Senior Officials , Finance Division ,

Finance Minister Orders Provinces to Monitor Egg and Vegetable Ghee Prices


Finance Minister Orders Provinces to Monitor Egg and Vegetable Ghee Prices
Federal Minister for Finance and Revenue Dr. Abdul Hafeez Sheikh chaired the meeting of the National Price Monitoring Committee (NPMC) today.
The National Price Monitoring Committee (NPMC) reviewed the price trend of essential commodities. The Finance Secretary apprised NPMC that there has been a consistent decline in the weekly SPI over the last four weeks. SPI registered a decline of 0.22%, notably in essential food commodities namely wheat, tomatoes, onions, potatoes and chicken.
The Finance Minister noted the increase in prices of eggs and vegetable ghee and urged the Provincial governments to strictly monitor their prices. The Chair further directed the Secretary Commerce to call a meeting with representatives of the Provincial governments and FBR to take further steps in this regard. ....

Abdul Hafeez Sheikh , Waqar Masood , Abdul Razaq Dawood , Md Utility Stores Corporation , National Price Monitoring Committee , Federal Minister , Finance Secretary , Finance Minister , Secretary Commerce , Commerce Abdul Razaq Dawood , Special Secretary Commerce , Additional Secretary Industries , Provincial Chief Secretaries , Stores Corporation , Finance Division , அப்துல் ஹபீஸ் ஷேக் , வகார் மசூட் , அப்துல் ர்யாஸ்யாக் தாவூத் , ம்ட் பயன்பாடு கடைகள் நிறுவனம் , தேசிய ப்ரைஸ் கண்காணிப்பு குழு , கூட்டாட்சியின் அமைச்சர் , நிதி செயலாளர் , நிதி அமைச்சர் , செயலாளர் வர்த்தகம் , வர்த்தகம் அப்துல் ர்யாஸ்யாக் தாவூத் , சிறப்பு செயலாளர் வர்த்தகம் ,