ISLAMABAD - The National Price Monitoring Committee (NPMC) on Wednesday called for making efforts for availability of strategic reserves of edible oil.
While reviewing the prices of edible oil, the NMPC observed that the increase in prices of edible oil in the global market has affected the local prices. Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin advised Ministry of Industries and Production for taking measures to control the prices of edible oil and adjust the rates according to the prices in the international market especially when international prices are declining. He further advised to make efforts for availability of strategic reserves of edible oil. Oil and ghee prices have shot up to Rs390 to Rs400 per kg.
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