April 25, 2024

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Pakistan Revenue

Tag: Economic Coordination Committee

ECC approves loyalty program for home remittances
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 […]

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ECC approves import of 550,000MT wheat
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 […]

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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 […]

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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 […]

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SBP to launch rewards for inward remittances State Bank of Pakistan
Aug 11
Finance

SBP to launch rewards for inward remittances

ISLAMABAD: 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 […]

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ECC approves hike in prices of sugar, wheat flour, edible ghee
Jul 17
Finance

ECC approves hike in prices of sugar, wheat flour, edible ghee

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 […]

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ECC approves policy for regulation of NGOs/NPOs receiving foreign funds
Jun 16
Finance

ECC approves policy for regulation of NGOs/NPOs receiving foreign funds

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 […]

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Payment to 12 IPPs withheld for NAB cases
May 6
Energy, Finance

Payment to 12 IPPs withheld for NAB cases

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 […]

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