Dar directs to maintain strategic reserves of fertilizer


Staff Reporter

Islamabad—Minister for Finance, Senator Mohammad Ishaq Dar chaired a meeting to review the fertilizer stock position in the country in view of forthcoming cropping season. The Minister was briefed on the fertilizer production and inventory position in the country, said a statement issued by Ministry of Finance here on Sunday. He said that strategic reserves of fertilizer must continue to be maintained at all times to ensure food security. Managing Director/CEO Fauji Fertilizer Company Ltd (Rtd) Lt. Gen Shafqaat Ahmed apprised the Minister on the critical role being played by the Fauji Fertilizer Company in meeting country’s fertilizer requirements and thanked the Minister for government’s full support to the fertilizer industry and FFC. The Finance Minister appreciated the contribution of FFC in ensuring stability in supply of fertilizer in the country and assured that the government will continue to provide across the board facilitation to the industry. MD FFC also apprised the Minister on the prospects for international trade in the fertilizer sector and briefed him about specific export opportunities. Secretary Finance, Secretary National Food Security, Chairman FBR, Secretary Ports & Shipping, Secretary Petroleum and CEO Fauji Fertilizer Company Ltd Lt. Gen (Rtd) Shafqaat Ahmed attended the meeting.