Industries, production ministry told to control edible oil price hike.
Byline: S. Kamal Hayder Kazmi
The National Price Monitoring Committee (NPMC) on Wednesday asked the Ministry of Industries and Production (MoIP) to take measures to control prices of edible oil in local market by exploring alternative options for import of palm and soya bean oil at lower rates.
The NPMC meeting chaired by Adviser on Finance and Revenue Shaukat Tarin observed that the increase in prices of edible oil in the global market - especially imports from Malaysia and Indonesia - had affected local prices.
Mr Tarin asked MoIP to explore alternative options for the...
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