Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Hafeez Shaikh assures targeted disbursement of agriculture package

byCT Report
08/06/2020
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has assured that Rs50 billion agriculture package announced by the government recently would be targeted and every attempt would be made to ensure its beneficiaries were the farmers and crop growers for whom this relief package was intended.

The government has approved this package with a view to extending relief to the farmers community and its direct disbursement to the farmers and crop growers remains a key objective of the government, he said while chairing a meeting with a delegation of the Farmers Associates Pakistan (FAP) that met the Adviser and members of the government’s economic team at the Finance Division today.

You might also like

Peshawar Enforcement raises Rs2.9b from confiscated gold, silver & foreign currency in FY2025-26

19/06/2026

Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package

19/06/2026

Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood, Minister for Industries and Production Muhammad Hammad Azhar, Chairman FAP & Foreign Minister of Pakistan Makhdoom Shah Mehmood Qureshi, Vice Chairman FAP & Punjab Minister for Management and Professional Development Makhdoom Hussain Jahania Gardezi, Managing Director FAP Malik Afaq Tiwana & Director FAP Afzaal Haider Rizvi were also present along with Secretary Finance Division Naveed Kamran Baloch and Chairperson FBR Ms Nausheen Javaid Amjad.

Dr. Abdul Hafeez Shaikh welcomed various proposals and recommendations put forward by the delegation regarding extending direct relief to the farmers, including possible reduction of electricity tariff for tube-wells, reduction of import duty on fertilizers, reduction of mark-up and waiver of agricultural loans, deregulation of the import and export of agriculture products and livestock.

He said the government was open to considering any suggestion to further improve the disbursement criterion of the agriculture package of Rs 50 billion in view of the input and consultation of the stakeholders. Similarly, the government was also willing to extend further relief to the farmers as and when required and proposed by the Ministry of National Food Security & Research for the growth of agriculture and betterment of farmers.

The Adviser conceded that the agriculture sector had the potential in a post-COVID scenario to generate employment, boost growth, alleviate poverty and enhance food security. He asked the leadership of FAP and the concerned ministries to sit together in the coming days to further fine-tune and improve the disbursement mechanism of the agriculture package and put bring up any other suggestions or recommendations to further support the farming community and boost the agriculture sector.

Related Stories

Peshawar Enforcement raises Rs2.9b from confiscated gold, silver & foreign currency in FY2025-26

byCT Report
19/06/2026

PESHAWAR: Collectorate of Customs Enforcement realised Rs2.902 billion during the financial year 2025-26 through the disposal of confiscated gold, silver...

Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package

byCT Report
19/06/2026

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday announced a major reduction in petroleum prices, saying the benefits of improved...

Pakistan, Iran eye $10b trade thru greater economic engagement

byCT Report
19/06/2026

ISLAMABAD: Pakistan and Iran have renewed their commitment to strengthening economic ties and increasing bilateral trade to $10 billion through...

SBP reserves rise slightly, Pakistan’s total forex holdings reach $22.742b

byCT Report
19/06/2026

KARACHI: Pakistan’s foreign exchange reserves remained broadly stable during the week ended June 12, 2026, with the State Bank of...

Next Post

Hafeez Shaikh assures KCCI a relief budget

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.