PR No.116 PM directs to continue subsidy on fertilizers, “Farmers are the most important contributors to Pakistan’s Economy”. PM Islamabad: January 13, 2017.
Prime Minister Muhammad Nawaz Sharif has directed continuation of provision of subsidy on fertilizers. “Agriculture is the backbone of our economy and framers must be facilitated to achieve bumper crops for accelerated GDP growth” PM said.
An amount of Rs 28 Billion was allocated for subsidy on fertilizers which was shared equally by the Provincial Governments and the Federal Government. Upon consumption of the entire Rs. 28 billion, Ministry of National Food Security & Research and Finance Division had withdrawn further subsidies on fertilizers.
However, the Prime Minister has directed that subsidy on fertilizer should be continued for benefit of the farming community and achieving the targets of major crops.