Finance Minister Miftah Ismail chaired a conference of Fertilizer Manufactures of Pakistan Advisory Council in Islamabad on Wednesday.
The Chair was briefed about the a number of troubles currently being confronted by the fertilizer companies in Pakistan. The matters majorly deliberated throughout the assembly were related to GST input and output and fuel subsidies with a key emphasis on making certain continual provision of backed fertilizer to farmers.
The Finance Minister appreciated the part of FMPAC in facilitating the farmers and reassured about the current government’s policy to present full support to agriculture sector for its advancement and growth. He additional directed the relevant authorities to do the job out feasible system for the resolution of problems faced by the Fertilizer sector.
It was also knowledgeable that another round of conference will be held in this regard with all of the stakeholders.
Secretary Ministry of Industries and Generation 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 conference.
In the meantime, Miftah Ismail also presided over a assembly on resolution of concerns of Japanese firms functioning in Pakistan.
He was briefed about the challenges currently being confronted by the Japanese Providers. The troubles confronted by Japanese providers were being about implementation of industrial procedures, tax incentives for regionally manufactured vehicle, incentives to corporations located in Specific Financial Zones and Export Processing Zones, income margin prerequisites and support for advancement of steady small business environment for vehicle current market.
The Finance Minister following detailed deliberations with all stakeholders assured comprehensive aid of the authorities for the resolution of numerous issues.