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 […]
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 […]
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 […]
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 […]
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 […]
State Bank of PakistanISLAMABAD: State Bank of Pakistan (SBP) will launch incentives/ rewards for overseas Pakistanis on transactions of inward remittances. The SBP will launch a mobile phone application for overseas Pakistanis, which will offer incentives/rewards to overseas Pakistani against each remittance transaction in accordance under criteria. The above application will be formally launched towards the end of […]
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved increase in prices of three essential items. Shaukat Tarin, Federal Minister for Finance and Revenue chaired the meeting. Ministry of Industries and Production presented a summary regarding extension of the Prime Minister’s Relief Package-2020. The package has provided subsidies on five essential commodities […]
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet in its meeting held on Wednesday approved the ‘Policy for Regulation of NGOs/NPOs receiving Foreign Contributions-2021’. The NGO Policy, 2021 has been designed with the aim to fostering a sense of partnership between government and non-government sectors. Furthermore, under the new policy approval process (for registration) will […]
ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) has approved payment of first installment to 35 Independent Power Producers (IPPs) out of total 47 whereas payment to the remaining 12 IPPs (under Power Policy 2002) may be withheld owing to the NAB investigation. Federal Minister for Finance and Revenue Shaukat Tarin chaired the meeting on […]
ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Wednesday approved Rs10 billion for re-reimbursement of telegraphic transfer charges to the banks on home remittances. Federal Minister for Finance and Revenue Shaukat Tarin chaired the meeting. The Technical Supplementary Grants were approved by ECC in its meeting held on Wednesday: • Rs.10 billion for the […]