ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Friday approved increasing petroleum levy to Rs50 per liter on RON 95. Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the ECC at Finance Division. READ MORE: Petroleum sales decrease by 22% in four months of 2022-2023 Federal […]
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a grant for disbursement of Rs1.38 billion of projected salary to employees of Pakistan Steel Mills (PSM). The ECC considered and approved a summary of Ministry of Industries & Production (MoIP) and allowed the payment of projected net salary of Rs1.378 billion for the […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the customs clearance of banned items, which landed till August 18, 2022. Federal Minister for Finance and Revenue Miftah Ismail virtually presided over the meeting of the ECC. Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal […]
ISLAMABAD: Utility Stores Corporation (USC) will disburse 113,700 ration bags worth Rs540 million to the flood affected people across the country. In this regard the Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the grant in favor of the USC. Ministry of Industries and Production presented a summary for release of funds for […]
ISLAMABAD: An amount of Rs30 billion has been approved for Pakistan State Oil (PSO) to avoid payment default. The approval has been given at a meeting of Economic Coordination Committee (ECC), which was held in Islamabad on Sunday with Minister for Finance and Revenue Miftah Ismail in the chair. READ MORE: PSO posts massive growth […]
ISLAMABAD: Pakistan on Thursday decided to lift the ban imposed on imported goods except for Completely Built Unit (CBU) of motor vehicles, mobile phones and home appliances. A review meeting was held to review the ban after two months owing to serious concerns raised by major trading partners on the imposition of ban and considering […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved to fix petroleum dealers margin at Rs7 per liter for petrol and high speed diesel. The decision has been taken at a meeting of the ECC presided over by Finance Minister Miftah Ismail on Thursday. The Petroleum Division submitted a summary on revision of […]
KARACHI: The recent approval by Economic Coordination Committee (ECC) to increase the prices of gas will further push up the inflation, analysts said. The country is already facing the alarming rise in inflation following sure in prices of petroleum products and electricity tariff. The analysts at AKD Securities said that ECC approved hike in gas […]
ISLAMABAD: Pakistan Tuesday allowed one-time release of consignment carrying imported goods that were banned by the government on May 19, 2022 and stuck up at ports. The country through SRO 598(I)/2022 imposed a ban on import of luxury and non-essential items in order to discourage outflow of dollars and support balance of payment. Due to […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved an amount of Rs55.48 billion for payment of price differential claims of Oil Marketing Companies (OMCs). Federal Minister for Finance and Revenue Miftah Ismail presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division. READ MORE: Govt. […]