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Govt bans food export to contain domestic prices

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To avoid food inflation in Pakistan, Finance Minister Shaukat Tarin directed to ban the export of food items to control the prices in the domestic market. During the meeting of the National Price Monitoring Committee (NPMC), the minister reiterated this instruction three times to expedite the process of implementation.

In the meeting of NPMC, the Federal Board of Revenue (FBR) explained to the minister that in the span of the past two months there had been no export of tomatoes and onions from Pakistan. Additionally, the commerce ministry had also informed the food ministry that the summary for banning exports has not been issued.

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