Ecc Archives - Pakistan News International

ECC extends electricity, gas subsidy for export-oriented sectors

ISLAMABAD, The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved continuation of electricity and gas subsidy for export-oriented sectors to support the momentum of growth in exports during the Fiscal Year 2021-22. The summary regarding continuation of concessional rates of electricity and […]

ECC approves NRLP structure, financial impact to incentivize remitters

ISLAMABAD, The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the structure and estimated financial impact of the National Remittance Loyalty Program (NRLP), a mobile application for which is scheduled to be launched in October 2021. The NRLP programme is being introduced with a […]

ECC approves Kamyab Pakistan Program, other projects

ISLAMABAD, The Economic Coordination Committee (ECC) of the Cabinet here on Friday approved the flagship ‘Kamyab Pakistan Program’ besides approving several other projects. The ECC meeting was chaired by Federal Minister for Finance and Revenue, Shaukat Tarin, according to press statement by Finance Ministry here. […]

ECC approves to adjust receipts of WAPDA, NTDC, PAEC, Neelum Jhelum with their loans

ISLAMABAD, Minister for Energy Hammad Azhar has said that the Economic Coordination Committee (ECC) approved to adjust the receipts of WAPDA, Pakistan Atomic Energy Commission (PAEC), Neelum Jhelum and National Transmission and Despatch Company (NTDC) with the outstanding loans of these institutions. The decision would […]

ECC constitutes committee regarding proposal for intervention price of cotton

ISLAMABAD, Economic Coordination Committee (ECC) of the Cabinet on Monday constituted a committee for preparation of proposal regarding intervention price for cotton 2021-2022 crop by Ministry of National Food and Research and asked to submit its report within 15 days. The ECC, which met here […]

ECC approves credit guarantee scheme for SMEs

ISLAMABAD, The Economic Coordination Committee (ECC) of the Cabinet Friday approved various summaries including State Bank of Pakistan’s (SBP) ‘Refinance and Credit Guarantee Scheme for Collateral Free Lending to Small and Medium Enterprises (SMEs)” to facilitate SMEs which do not have collateral to get financing […]

ECC gives final approval to renegotiated pacts with 46 IPPs to clear Rs400b dues

ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet has given final approval to renegotiated pacts with 46 Independent Power Producers (IPPs) to clear about Rs400 billion dues in two instalments of 40 per cent and 60 per cent within six months. Federal Minister for Finance and Revenue, […]

ECC to discuss Textile and Apparel, Freight and Logistics Policies next week

ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet is likely to discuss the Textile and Apparel Policy (2020-25) and National Freight and Logistics Policy (NFLP) next week. The ECC, in last week’s meeting, had deferred Textile and Apparel Policy (2020-25) and National Freight and Logistics […]

ECC approves import of additional wheat

ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet on Wednesday has approved the import of additional wheat to buffer up stocks till the arrival of fresh crop. The ECC meeting, which was chaired by Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh, discussed […]

ECC allows issuing Eurobonds worth $500m

ISLAMABAD-The Economic Coordination Committee (ECC) of the Cabinet on Thursday has approved to issue Eurobonds worth of $500 million to arrange to finance for much needed Diamer Basha and Mohmand Dams. Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh chaired the meeting of the ECC. Ministry of […]

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