Miftah refuses to clear dues of fertiliser sector.

ISLAMABAD -- Minister for Finance Miftah Ismail on Thursday declined to clear pending dues of Rs80 billion of the fertiliser sector but assured that their issues would be resolved as the government has almost streamlined the petroleum industry.

In a meeting with FerAtiliser Manufacturers of Pakistan Advisory Council (FMPAC) along with Federal Minister of Industries MakhAdoom Syed Murtaza Mehmood, the finance minister clearly declined to clear the pending dues due to the economic crunch facing the country.

Given the current fiscal challenges, the finance minister informed the fertiliser sector that there was no way forward in clearing...

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