The government is set to purchase an additional 70,000 tonnes of various types of fertilisers to meet demand for the ongoing Aman season, which runs from July to October.

Finance Minister Khosru will propose the complete exemption of the 7.5 percent VAT applicable at the business stage on all fertilisers used in agricultural activities

The cabinet committee on government purchase (CCGP) yesterday gave the nod to buy 115,000 tonnes of fertiliser from two Middle Eastern countries to increase fertiliser stock for producing crops in the coming seasons.