ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood chaired a meeting of the Fertilizer Review Committee (FRC) to deliberate on the current state of demand and supply of fertilizer in the market.
The meeting was attended by the representatives of all the relevant public and private stakeholders, including Fauji Fertilizer Company Limited (FFC) and Fertilizer Manufacturers Association of Pakistan (FMPAC).
The meeting discussed various policy options to provide relief to the farmers by ensuring availability of agriculture inputs at affordable prices.
The adviser appreciated the resolve and cooperation demonstrated by the fertilizer industry in order to ensure the provision of relief to the farmers. He reiterated that the government was cognizant to the issues being faced by the farmers and committed to addressing the same on a priority basis.
“The agriculture sector is playing a significant role in the country’s economy and provides employment to more than half of the population,” he maintained.
Representatives of the fertilizer industry raised their concerns regarding the proposed amendments in the Gas Infrastructure Development Cess (GIDC) Act, 2015, and its implementation. The adviser assured them that the matter would be taken up with the Ministry of Petroleum & Natural Resources to find viable solutions in this regard.
Moreover, he urged the public and private sector to enhance mutual cooperation to resolve the issues so that the envisioned economic goals of the government could be achieved.