Govt to reduce price of edible oil, ghee in coming days: Miftah
Federal Minister for Finance and Revenue Miftah Ismail addressing a press conference in Islamabad on July 7, 2022. — APP "Declining trend in international food and fuel prices would help bring down commodity prices in Pakistan," Miftah says. Prices of edible oil are expected to come down by Rs100 to Rs150 per litre. Finance minister says reserves would further improve once an agreement with IMF is finalised. ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Thursday said the price of ghee and cooking oil would decline in the coming days as international prices are declining. Addressing a press conference, the finance minister said: "The declining trend in the international food and fuel prices would help bring down commodity prices in Pakistan." Miftah said that per barrel crude oil prices have come down to $100 from $123, while the prices of edible oil and ghee have also declined from the highest $1,700 per ton to $1,000 per ton. He