IGI Securities Limited – Investor Kit – Top News (22-01-2020)

Lahore, January 22, 2020 (PPI-OT): Don’t expect uniform cut, fertiliser makers warn govt after GIDC waiver

The government’s efforts for an across-the-board reduction in urea prices could face resistance from some manufacturers as the impact of cuts in Gas Infrastructure Development Cess (GIDC) on industry’s cost of production will vary from company to company.

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