Posts tagged as: surplus

Clearing the surplus: Millers to export 200,000 tons of sugar

ISLAMABAD:  The government has eased a ban on sugar export, for the second time in three months, and allowed millers to export 200,000 tons while also deciding to procure a same quantity for maintaining buffer stocks for domestic consumption. The move is aimed at stabilising prices in the local market and resolving cash flow problems […]

Clearing the surplus: Millers to export 200,000 tons of sugar

ISLAMABAD:  The government has eased a ban on sugar export, for the second time in three months, and allowed millers to export 200,000 tons while also deciding to procure a same quantity for maintaining buffer stocks for domestic consumption. The move is aimed at stabilising prices in the local market and resolving cash flow problems […]

Clearing the surplus: Millers to export 200,000 tons of sugar

ISLAMABAD:  The government has eased a ban on sugar export, for the second time in three months, and allowed millers to export 200,000 tons while also deciding to procure a same quantity for maintaining buffer stocks for domestic consumption. The move is aimed at stabilising prices in the local market and resolving cash flow problems […]

Clearing the surplus: Millers to export 200,000 tons of sugar

ISLAMABAD:  The government has eased a ban on sugar export, for the second time in three months, and allowed millers to export 200,000 tons while also deciding to procure a same quantity for maintaining buffer stocks for domestic consumption. The move is aimed at stabilising prices in the local market and resolving cash flow problems […]

Surplus generation: Lucky Cement may sell electricity to K-P

ISLAMABAD:  Lucky Cement Limited, Pakistan’s largest cement producer, intends to sell surplus electricity generated to power supply companies of Khyber-Pakhtunkhwa through its plant in Darra Pezu. A company official said Lucky Cement is in talks with the Peshawar Electric Supply Company (Pesco) to sell 15 to 20 megawatts (MW) of electricity which could help mitigate […]

Surplus generation: Lucky Cement may sell electricity to K-P

ISLAMABAD:  Lucky Cement Limited, Pakistan’s largest cement producer, intends to sell surplus electricity generated to power supply companies of Khyber-Pakhtunkhwa through its plant in Darra Pezu. A company official said Lucky Cement is in talks with the Peshawar Electric Supply Company (Pesco) to sell 15 to 20 megawatts (MW) of electricity which could help mitigate […]

Livestock: Ministry mulls plan to export surplus stocks

ISLAMABAD:  The Ministry of Food Security and Research is planning to submit a summary regarding the export of 100,000 live animals. These include goats, cows, camels and other livestock which are to be exported to the Middle East, Afghanistan and Iran, sources have said. Talking to APP, an official in the ministry said that statistical […]

Budget surplus of provinces falls short of target

ISLAMABAD: In an apparent setback to the Centre’s efforts to balance the national budget, the combined budget surplus of provinces from July to December remained at Rs20.5 billion or 16.4 per cent of annual estimate. Though Punjab ran a deficit, other three provinces managed to save Rs20.5 billion in the first half of the current fiscal […]

Sugar millers press government to buy surplus stock

ISLAMABAD:  The sugar industry has once again started pressing the government to either purchase or allow the export of its surplus stock, estimated at around 700,000 tons as wholesale prices consistently stay below Rs50 per kg. The latest move from the influential millers comes just after 10 days of the government’s decision to buy 378,000 […]

Election year: Provinces see budget surplus slashed by 600%

ISLAMABAD:  Balancing the budget deficit could becoming a tough task for the centre this year as provinces have failed to keep expenses in check and are far behind in the projected level of savings. The fact that this is election year could have been a factor behind the 600% drop in the combined budget surplus […]

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