Thursday, 8 December 2011

Govt to purchase sugar from local resources to save foreign Exchange: Hafeez

Govt to purchase sugar from local resources to save foreign Exchange: Hafeez

12/8/2011 10:33:14 AM


ISLAMABAD: Federal Minister for Finance, Dr. Abdul Hafeez Shaikh said on Wednesday that proposal for importing expensive sugar at Rs. 65 per kg has been rejected by Economic Coordination Committee (ECC) of the cabinet and decided to purchase the local commodity in order to save foreign exchange and provide sugar to the people at low price.

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