ISLAMABAD: PM Nawaz Sharif has given directions to the finance ministry to manage Rs.4,000 crore (nearly $400 million) to import petrol and furnace oil for two months to cope with the fuel crisis.
Sharif asked the finance ministry to arrange for the money to import at least 10 shiploads of petrol and furnace oil.
A senior official in the petroleum ministry said the government’s efforts helped to normalise petrol supplies in Lahore, Faisalabad and Rawalpindi but conceded that smaller towns in Punjab province and major towns in Pakistani Kashmir were still facing acute shortages.
“Obviously, the government’s top priority is to minimise the hardship of (the) large population,” the official said, adding that it would take some time to completely restore supplies across the country.
CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO
ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...
