Economic Coordination Committee – Page 2

Prices of petrol, diesel likely to surge: sources

January 26, 2021 by Arhama Altaf

Petrol and Diesel prices are expected to rise more following the surge in petrol rates twice in the current month of January.

According to sources, the Petroleum Division has sent a summary of petrol and diesel premium and dealer margin increase to the Economic Coordination Committee (ECC) for consideration.

The summary has proposed an increase of 45 paisa per liter in OMC petrol premium margin and 58 paisa per liter in dealer margin, sources added.

It has been proposed to increase the OMC margin of high-speed diesel by 45 paisa per liter while the margin of dealers likely to surge by 50 paisa per liter.

After the proposed increase in petrol, OMC margin will increase from Rs2.81 paisa to Rs3.26 paisa per liter while dealers margin will increase from Rs3.70 paisa to Rs4.28 paisa per liter.

Whereas, after the proposed surge on high speed diesel, the OMC margin will increase from Rs2.81 paisa to Rs3.26 paisa per liter while the dealers margin will increase from Rs3.12 paisa to Rs3.62 paisa per liter.

PM Imran Khan summons federal cabinet session today

November 24, 2020 by Web Desk

Prime Minister Imran Khan will be chairing a meeting of the federal cabinet in Islamabad today. According to the details, the meeting will review the country’s economic, political situation. Besides, it will be discussing the latest developments on the novel coronavirus pandemic. The cabinet will discuss a 14-point agenda during the meeting. As per sources, … Read more

ECC approves $150 million grant to book COVID-19 vaccines

November 21, 2020November 21, 2020 by Muhammad Usman

$150 million technical supplementary grant has been approved by the Economic Coordination Committee (ECC) to book coronavirus vaccines from international manufacturers. According to the details, the decision was taken after evaluating a proposal submitted by the Ministry of National Health Services in a meeting held on Friday and chaired by Finance Advisor Dr. Abdul Hafeez … Read more

ECC Approves To Provide RLNG To Domestic & Commercial Consumers

October 7, 2020 by Aizbah Khan

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC)of the Cabinet, chaired by Finance Advisor Abdul Hafeez Sheikh, approved the provision of Regasified Liquefied Natural Gas (RLNG) for winter needs of domestic and commercial consumers. According to details, a meeting of the Economic Coordination Committee of the Cabinet was held under the chairmanship of Finance … Read more

PM Khan summons federal cabinet to discuss 16-point agenda

September 13, 2020 by Muhammad Usman

Prime Minister Imran Khan has summoned the federal cabinet to discuss a 16-point agenda on September 15th. According to the details, the federal cabinet will make the final decision about the hiking electricity tariff up to Rs2.89 for K-Electric approved by the Economic Coordination Committee (ECC). In the upcoming meeting of the federal cabinet, the decision … Read more

ECC approves recommendations of Punjab Government on wheat import

June 23, 2020 by Atta Ur Rehman Khan

The Economic Coordination Committee (ECC) has approved the recommendations made by the Punjab Government on wheat import, following which the Federal Government has allowed to import 2.5 million metric tons of wheat to the private sector and if the private sector does not import wheat within a specified period, the Federal Government itself can import … Read more

PM Imran Khan postpones ECC decision to lay off Steel mills employees

June 9, 2020 by Atta Ur Rehman Khan

The decisions of the Economic Coordination Committee (ECC) have not been approved by PM Imran Khan. According to details, a meeting of the federal cabinet was held under the chairmanship of Prime Minister Imran Khan in which the decisions of the ECC have been postponed. It may be recalled that according to the decision of … Read more

ECC approves to give Golden Handshake to Pakistan Steel employees

June 3, 2020 by Aizbah Khan

The Economic Coordination Committee (ECC) has given in-principle approval to give Golden Handshake to 9100 employees of Pakistan Steel Mills. A meeting of the Economic Coordination Committee was held in Islamabad under the chairmanship of Finance Advisor Hafeez Sheikh. According to the details, in the meeting, the ECC gave in-principle approval to give Golden Handshake … Read more

Govt approves Rs75 billion relief aid for labourers affected by Coronavirus

May 16, 2020 by Arhama Altaf

The Economic Coordination Committee (ECC) has approved a Rs75 billion relief cash aid package for labourers affected by the novel Coronavirus outbreak, under which they will be provided Rs12,000 a month. In a meeting at the Cabinet Division on Friday, ECC had approved the Relief Cash Aid Package which was already announced by Prime Minister … Read more

ECC approves deferral of fuel adjustments in electricity bills

April 9, 2020 by Arhama Altaf

The Economic Coordination Committee (ECC) has approved deferral of monthly and quarterly fuel adjustments in the electricity bills of consumers till June 2020. The ECC meeting in Islamabad was presided by Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh. The committee also approved four technical supplementary grants for the current … Read more

ECC approves to continue provision of subsidized electricity

March 11, 2020March 11, 2020 by Atta Ur Rehman Khan

Economic Coordination Committee (ECC) has approved a proposal for a special relief package to further continue provision of subsidized electricity until June 2020 to five export-oriented sectors. The meeting of ECC was held in Islamabad today (Wednesday) with Advisor to the Prime Minister on Finance Dr Abdul Hafeez Shaikh in the chair. According to the … Read more

ECC bans on export of Onions till May 30th

February 20, 2020 by Web Desk

Economic Coordination Committee (E C C) approved over 451 million rupees’ technical supplementary grant for Naya Pakistan Housing and Development Authority. Radio Pakistan reported that The E C C accorded this approval during its meeting held in Islamabad with Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh in the chair. The ECC allowed Power … Read more

ECC to approve increase in gas tariffs around the country

February 4, 2020February 4, 2020 by Arhama Altaf

The Economic Coordination Committee (ECC) of the cabinet is likely to approve increase in gas tariffs by up to 214 percent for certain consumer categories. According to the details, ECC likely to approve increase in gas tariffs up to 214%. Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh will preside over a … Read more

PM Imran Khan summons the Economic Coordination Committee today

January 20, 2020January 20, 2020 by Arhama Altaf

Prime Minister Imran Khan on Monday summoned the Economic Coordination Committee (ECC) of the federal cabinet. The Economic Coordination Committee is expected to discuss a proposal for importing wheat in order to avert a looming wheat shortage in the country. According to a report, the government has decided to consider the proposal to save consumers … Read more

ECC approves Rs 1billion grant for tourism

January 9, 2020 by Muhammad Usman

Economic Coordination Committee has approved Rs 1 billion grant for the development of tourism in Pakistan. According to the details, economic Coordination Committee (ECC approved Rs1 billion grant for the Pakistan Tourism Development Endowment Fund in a meeting, here on Wednesday. ECC meeting was chaired by Federal Adviser on Finance and Revenue Abdul Hafeez Shaikh … Read more

CCI commits to install telemetry system for equal water distribution among all provinces

December 24, 2019December 23, 2019 by Atta Ur Rehman Khan

Prime Minister Imran Khan’s Special Assistant for Information and Broadcasting Dr Firdous Ashiq Awan said, fair distribution of water between provinces will be ensured. According to the details, Dr Firdous Ashiq Awan gave a media briefing after the meeting of the Council of Common Interests (CCI) and said that the Prime Minister has directed the … Read more

Good News! ECC grants subsidy of Rs 6 bn for Utility Stores Corporation

December 26, 2019December 23, 2019 by Atta Ur Rehman Khan

Economic Coordination Committee (ECC) has approved grant of six billion rupees subsidy for Utility Stores Corporation (USC) of Pakistan for procurement of essential commodities, including flour, sugar, ghee,oil, pulses and rice. The ECC, which met in Islamabad on Monday with Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh in the chair, approved the … Read more

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