Tags : ECC

ECC approves 200,000 tonnes import of fertilizer via G2G arrangement

ISLAMABAD: While deferring the summary for increasing the prices of 262 drugs in the wake of the absence of the Minister for Health and unclear recommendations for the second time, the Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 200,000 tons of urea fertilizer on a G2G basis. […]Read More

ECC allows mills to export 32,000 metric ton sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has allowed sugar mills in Sindh to export their remaining sugar quota of 32,000 metric ton within 60 days. Minister of Commerce Syed Naveed Qamar, Minister of State for Petroleum Musadik Malik, SAPM on Finance Tariq Bajwa, Coordinator to the PM on Economy Bilal Azhar Kayani, […]Read More

ECC wants to approve import of pharmaceutical raw materials

ISLAMABAD: Economic Coordination Committee (ECC) is likely to approved the amendments to the import policy order for government agencies to import pharmaceutical raw materials, the private news reported on Wednesday. Finance Minister Ishaq Dar presided over the Economic Coordination Committee (ECC) meeting held today in Islamabad, comprised of top officials and experts, to discuss a […]Read More

ECC approves 49 medicines prices hike

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday granted approval for increasing the prices of 49 medicines under Minimum Retail Price (MRP). However, the government claimed that the prices of these 49 medicines were 24 to 77 percent less as compared to other regional countries, including India, Bangladesh, Nepal, and Sri Lanka. […]Read More

ECC grants Rs 8 billion to MoFA to “meet shortfall”

ISLAMABAD: According to the private news, the Economic Coordination Committee (ECC) of the Cabinet approved Rs8.4 billion in cash for the Ministry of Foreign Affairs (MoFA) to cover its yearly budget shortfall for the current fiscal year 2022-2023. The ministry said in a statement that it was experiencing a “severe shortage of funds” since 91 […]Read More

All Hajj applications under the normal plan are approved by

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that all 72,869 applicants who submitted applications under the Regular Hajj Scheme will declared successful without any need for balloting. This decision made during the ECC’s meeting held in Islamabad today, with the Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, in the […]Read More

ECC approves Rs. 1022 million in supplementary grants

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Wednesday approved technical supplementary grants of Rs1022.750 for Baluchistan fishermen and Ghurki Trust teaching Hospital (GTTH), Lahore. According to press statement issued by finance ministry, Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar presided over the meeting. Also Read: Gold prices reached […]Read More

ECC approves Rs 1,802 billion of Kissan package

ISLAMABAD: The Economic Coordination Committee approved the Kissan package, as proposed by the Ministry of National Food Security and Research, which includes, enhancement of agriculture loan disbursement from 1,419 billion to 1,802 billion, reduction in DAP price from 13,750 rupees to 11,250 rupees per bag and Interest free loans to convert three lac tube wells to […]Read More

ECC approves raising petroleum levy to Rs 50 under IMF

The Economic Coordination Committee (ECC) of the federal cabinet has approved increasing the levy on petroleum products as required by the IMF deal, private news reported.  According to details, the petroleum levy on High-Octane has increased to Rs50. The levy on High-octane petroleum products will be applied from Nov 15 to Nov 30. Also Read: […]Read More

The importation of 300,000 tonnes of wheat from Russia

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved import of 300,000 tonnes of wheat from Russia on the government-to-government deal at a cost of $372 per tonne. The ECC also approved jacking up revised margins of Oil Marketing Companies (OMC) from Rs3.68 on MS petrol and diesel to Rs6 per litre, witnessing a […]Read More