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Banana and onion export banned till April 15, 2024

ISLAMABAD: The federal cabinet approved ban on export of banana and onion till April 15, 2024

The first meeting of the newly elected federal cabinet was held under the chairmanship of Prime Minister Shehbaz Sharif, in which the economic situation of the country was considered and important decisions were taken.

Ban on export of banana and onion was imposed to ensure ample availability in the market.

Prime Minister Shehbaz Sharif directed that an immediate committee be established to control the prices of food items. The cabinet said that the committee will closely monitor the prices of food items in collaboration with the provincial governments. 

The Prime Minister also directed strict action against unnecessary increase in prices of essential commodities and illegal profiteering. Shahbaz Sharif said that no negligence will be tolerated in strict action against profiteering. 

It should be noted that on the occasion of Ramadan, the price of onion has reached 300 rupees per kg, while the prices of food items are also touching the sky