Islamabad October 13 2021: The National Price Monitoring Committee was briefed about the continuous fluctuations in the international prices of Palm and Soya bean oils.
The FBR has worked out an arrangement with all relevant stakeholders and a firmed up proposal will be submitted before the Cabinet to reduce duty on import of edible oil which will reduce the prices of ghee in local markets.
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The Secretary NFS&R informed about the increase in prices of chicken due to seasonal factor. The opening of Restaurants and Banquet Halls have pushed the demand for increased consumption of chicken and prices will be streamlined with improved supply in few weeks.
Among others, SAPM for Food Security Mr. Jamshed Cheema, Secretary M/o NFS&R, Economic Advisor Finance Division, Additional Secretary M/o Industries and Production, Additional Secretary Commerce, Deputy Commissioner Islamabad Capital Territory (ICT), Member PBS, representatives of Provincial Food Departments and other senior officers participated in the meeting.