KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
The government, in order to ensure reasonable reduction in sugar price has decided to reverse the sales tax to the ex-mill rate till 30th November this year.
The decision was taken during a meeting in Islamabad chaired by Prime Minister Imran Khan to review prices of essential commodities.
The meeting also decided that ministries of industries and finance would review the future requirement of sugar and its import.
The prime minister directed the chief secretaries for suitable fixation of prices of essential daily items and ensure their implementation.
It was also decided to take strict action against the negligent concerned officials. For the fixation of proper price of edible oil, it was decided to frame a system.
The prime minister also directed for early finalization of legislation over the data sharing of necessary daily use items.
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