According to details, the ECC, chaired by Minister for Finance and Revenue Senator Muhammad Aurangzeb, will discuss an 11-point agenda and is expected to approve Rs 1 billion for the issuance of the Pakistan Social Impact Bond. Meanwhile, the Pakistan Infrastructure Development Company is expected to get a grant worth Rs. 1.88 billion. Other items […]
The Economic Coordination Committee (ECC) has given the green light to a special winter relief package aimed at supporting domestic and industrial electricity users. The package, which spans three months, is designed to encourage greater electricity use while reducing the burden on gas supplies. Chaired by Finance Minister Senator Muhammad Aurangzeb, the ECC meeting focused […]
The notification stated that the gas price for captive power plants has been increased by Rs 250 per MMBtu, setting the new rate at Rs 3,000 per MMBtu with immediate effect. According to OGRA, gas prices for sectors such as fertilizer factories, ice factories, and the cement industry will remain stable. ECC approves hike in […]
The committee approved the summary presented by the Ministry of Aviation to allow the utilization of eight million dollars available with the National Bank of Pakistan to pay severance and other operational expenses of the Roosevelt Hotel. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb presided over a meeting of the Economic Coordination Committee […]
