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Oil, ghee manufacturers agree to reduce prices

byMuhamad Arshad
August 24, 2021
in Business, Finance
Reading Time: 1 min read
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The Paki­stan Vanaspati Manu­fact­urers Association (PVMA) has agreed in principle to take measures in the next couple of days to bring down prices of edible oil/ghee.

The understanding was reached at a meeting between Finance Minister Shaukat Tarin and a PVMA delegation on Monday.

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During the meeting, Mr Tarin showed displeasure over repeated hike in edible oil/ghee prices in domestic market and warned of a strict action, a source told Dawn.

After an exchange of information by the two sides, PVMA chairman Abdul Waheed assured the finance minister about convening a meeting of his association to look into a possible decrease in per litre price of edible oil.

Tags: Gheeghee manufacturerslatestOilPricesShaukat Tarin
Muhamad Arshad

Muhamad Arshad

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