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Tag: Economic Coordination Committee

Asad Umar

Circular Debt: ECC allows raising Rs200 billion Islamic term finance facility

January 29, 2019November 20, 2023Mrs. Anjum Shahnawaz

The Economic Coordination Committee (ECC) of the Cabinet, under the leadership of Finance Minister Asad Umar, approved the raising of an Islamic Term Finance Facility amounting to Rs200 billion to tackle circular debt issue.

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car import

ECC approves clearance of imported vehicles on verified foreign currency payment

January 15, 2019October 27, 2023Mrs. Anjum Shahnawaz1 Comment on ECC approves clearance of imported vehicles on verified foreign currency payment

ISLAMABAD – In a recent session, the Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Asad Umar, gave its approval for a significant policy shift regarding the clearance of imported vehicles under various schemes.

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