May 16

ECC approves Rs55.48bn for price differential claims of OMCs

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. […]

by Anjum Shah

ECC approves Ramzan Relief Package for all Pakistanis

Mar 15

Finance, National, Top stories

ECC approves Ramzan Relief Package for all Pakistanis

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved Rs8.2 billion for Ramzan Relief Package for all Pakistanis. Federal Minister for Finance and Revenue Shaukat Tarin presided over Economic Coordination Committee (ECC) of the Cabinet, on Tuesday. Ministry of National Food Security & Research presented a summary for Ramzan Relief Package. The ECC approved […]

by Anjum Shah

ECC approves Ramzan relief package worth Rs8.28 bn

Mar 7

Finance, National, Top stories

ECC approves Ramzan relief package worth Rs8.28 bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a Relief Package worth Rs8.28 billion to provide essential items at subsidized rates during the holy month of Ramzan. The ECC approved a summary tabled by Ministry of Industries and Production for Ramzan Relief Package 2022. The ECC after discussion approved Ramzan Relief […]

by Anjum Shah

Incentives approved for exchange companies on dollar surrender

Jan 1

Exclusive, Money & Banking

Incentives approved for exchange companies on dollar surrender

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved incentive program for exchange companies on surrendering dollars in interbank. Federal Minister for Finance and Revenue Shaukat Tarin, presided over Economic Coordination Committee (ECC) of the Cabinet. Finance Division tabled a summary on the proposal of SBP for incentives for exchange companies against […]

by Anjum Shah

Pakistan donates 50,000MT wheat to Afghanistan

Nov 29

Finance, National, Top stories, World

Pakistan donates 50,000MT wheat to Afghanistan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a donation of 50,000 metric tons of wheat to Afghanistan. The Federal Minister for Economic Affairs Division (EAD) Omar Ayub Khan chaired the ECC meeting and took several important decisions. Federal Minister for Energy Hammad Azhar, Abdul Razak Dawood Advisor to Prime Minister […]

by Anjum Shah

ECC approves cash reward for promotion of IT exports

Oct 12

Finance, IT & Telecom

ECC approves cash reward for promotion of IT exports

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved cash reward for incentivizing IT exports and to encourage documentation of exporters/exports. Federal Minister for Finance and Revenue, Shaukat Tarin, presided over the meeting of the ECC of the Cabinet, held at the Finance Division. The ECC approved the allocation of Rs 4 […]

by Faisal Shah

Oct 7

Finance, Money & Banking

ECC approves loyalty program for home remittances

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet of Thursday approved a loyalty program to encourage overseas Pakistanis to send remittances home through legal channels. The ECC meeting was chaired by the Finance Minister Shaukat Tarin. The finance ministry tabled the summary regarding incentives /rewards to overseas Pakistanis remitters under National Remittance Loyalty Program […]

by Anjum Shah

Sep 30

Finance

ECC approves import of 550,000MT wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a summary for import of 550,000 metric tons of wheat for the fiscal year 2021/2022. Finance Minister Shaukat Tarin presided over the meeting of the ECC. The ECC approved the summary by the ministry of National Food Security and Research (NFS&R), regarding the […]

by Anjum Shah

ECC stresses commodities stocks amid Afghan situation

Aug 26

Finance

ECC stresses commodities stocks amid Afghan situation

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday emphasized the importance of building strategic reserves of commodities in wake of evolving situation in Afghanistan. The committee discussed that the situation in Afghanistan may affect the prices in the domestic market. Federal Minister for Finance and Revenue, Shaukat Tarin, presided over the ECC […]

by Anjum Shah

ECC approves continuation of subsidy to export sector

Aug 17

Energy, Finance

ECC approves continuation of subsidy to export sector

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved continuation of subsidy on supply of gas and electricity to export sector. Finance Minister Shaukat Tarin presided over the ECC meeting. The ministry of commerce gave a detailed presentation for continuation of reduced rates of electricity and RLNG to export oriented sectors. Secretary […]

by Anjum Shah