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Sunday, December 4, 2022
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Pakistan Can Save $7 Billion Annually Due to Local Production of Edible Oil

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The government has planned to increase the annual domestic edible oil production up to 4.793 million tons in 10 years.

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The country produces 0.745 million tons of edible oil annually, which is only 8% of the total domestic demand

The import of palm oil was recorded at $3,058 billion while that soyabean oil stood at $217.7 million.

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the production would be gradually increased from the current 0.745 million to 1.192 million in five years and 4.793 million in the next 10 years.

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This increase in local production is expected to save the country over $7 billion annually.

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