TCP’s debt payment to various govt entities surges to Rs259.3 billion

ISLAMABAD-The Senate Standing Committee on Commerce was informed on Monday that debt payment by the Trading Corporation of Pakistan to various government entities, including the payment of commercial bank loans and their markup has surged to Rs259.3 billion. The Senate committee discussed a Private Member’s Bill titled the Imports and Exports (Control) Amendment Bill, 2023. Furthermore, the Senate committee discussed the duty-free import of cars up to 1350cc for disabled persons. The committee chairman recommended the ministry to devise an export strategy for the oranges largely produce in the Mardan, Khyber Pakhtunkhwa. In attendance were Deputy Chairman Senate Mirza Muhammad Afridi, Senator Fida Muhammad, Senator Saleem Mandviwalla, Senator Danesh Kumar, Senator Palwasha Muhammad Zai Khan, Senator Muhammad Abdul Qadir, Special Secretary Commerce Sarah Saeed, Chairman TCP Syed Rafeo Bashir Shah and other senior officials of relevant departments.