The Government of Pakistan (GoP) has notified an immediate ban on import of furnace oil (FO) and ordered all the refineries to utilize billions of rupees in annual deemed duty collected on petroleum products to upgrade their refining facilities. The …
Read More »Review of petroleum prices
During 2018 closed the Government of Pakistan has given the relief to the people and declined the petroleum prices by Rs 4.86 per litre. Statistics presently show that a fall of Rs 4.26 per litre of diesel price. Similarly, the …
Read More »Large sugar surplus and scope for increase export
Pakistan’s sugar industry is the second largest agro-based industry in the country after textiles. At present it is diversifying into power generation, food and wood-making business in order to boost profits. Sugar industry is important for the Pakistan’s economy, owing …
Read More »