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Commercial banks refuse credit letters of edible oil importers

LAHORE: Commercial banks have started refusing opening of the letters of credit for edible oil imports despite exclusion of the sector from the condition of prior permission from the central.

Sheikh abdul razzaqPakistan vanaspati manufacturers associationCommercial bankEssential item

Shortage of ghee, cooking oil looms - Newspaper

SBP intervention sought in opening of LCs, clearance of containers.

Sheikh abdul razzakJameel ahmedMohammed tariq yousufIslam khanKarachi chamberBank on decState bankCustoms bonded warehousesEssential itemPakistan vanaspati manufacUmer islam khanBin qasimCustom bonded warehouses

Commercial banks refuse to issue letters of credit to edible oil importers

Pakistan imports 90% of its edible oil to meet national requirement of over 4.5 million metric tonnes per annum

Al qahirahSheikh abdul razzaqPakistan vanaspati manufacturers associationEgypt augustVanaspati manufacturers associationChairman sheikh abdul razzaqState bankCommercial bankEssential item

Pakistan: Ghee, cooking oil to be in short supply, costlier ahead of Ramadan

Ghee and cooking oil in Pakistan are going to be short in supply as well as costlier ahead of the holy month of Ramadan if the government does not take corrective measures, reported The Dawn.

Ishaq darIslam khanUtility stores corporationBank on decBenazir income support programmePakistan vanaspati manufacturers associationState bankEssential itemVanaspati manufacturers associationUmer islam khanNew yearFinance minister ishaq darProxy means testEws india

Pakistan: Ghee, cooking oil to be in short supply, costlier ahead of Ramadan

Pakistan: Ghee, cooking oil to be in short supply, costlier ahead of Ramadan
southeastasiapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southeastasiapost.com Daily Mail and Mail on Sunday newspapers.

Ishaq darIslam khanUtility stores corporationBank on decBenazir income support programmePakistan vanaspati manufacturers associationState bankEssential itemVanaspati manufacturers associationUmer islam khanNew yearFinance minister ishaq darProxy means test

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