ECC

ECC directs airline to submit financial projections including income, expenses

Approves more wheat procurement, PMO renovation, honorariums despite economic pressures

ECC members say provinces should seek loans on their own without govt guarantee

The prime minister had earlier removed the finance minister from the committee

This time around, the province neither committed any procurement target nor sought a cash credit limit

Allows borrowing of Rs275b for procurement; no target set for Punjab

Aurangzeb deprived of chairmanships of ECC, CCOP

ECC gives nod for fee revision to regulate exports of fish, fishery products

Will pour funds into digital information infrastructure

Unwilling to allocate gas from new discovery to public utilities due to delay in payments

Provinces reluctant to pay cost of subsidised LNG supply to fertiliser plants

Residents, industries share first spot, power and fertiliser sectors in second category

Despite US sanctions, Islamabad accelerates project to avoid $18b penalty

Calls for reversal to prevent industry collapse, economic fallout

KSE-100 index plummets 1,133.78 points, settles at 61,020.06

Say utilities are not exploited in developed states for economic gains

Govt aims to recover Rs242 billion from residential, industrial consumers

Secretary finance warns that delay beyond Thursday could cost Pakistan IMF’s $1.2b tranche

Three salaries reward to officers would have cost Rs30m

Proposes increase up to Rs358 per bag, farmers face increased import burden

ECC directed of finance and maritime affairs ministries to explore further avenues of investment

Govt fails to finalise mechanism for delivery of urea as dealers fleece growers

ECC decides to recover additional Rs17b from domestic gas consumers to subsidise fertiliser plants

Committee’s meeting to take up 13-point agenda

Despite provision of subsidy, growers buying fertiliser at high prices

Urea manufacturers will receive Rs30b from consumers in one year

Release Rs131b to state-owned power companies without recovering dues

Large-scale smuggling of foreign cigarettes causing revenue loss

Policymakers seek to curb circular debt, note challenges in way of sell-off

ECC told that mill’s administration leased out land to private sector for setting up 54 industries

ECC agrees Pakistan will not slap arbitrary penalties on power plants

ECC rejects demand for increase in wheat support price to Rs4,000 per 40 kg

Proposal to increase prices of 262 medicines prompts call for review of drug pricing methodology

ECC okays deals, sending positive signals to Saudi investors, Shanghai Electric

ECC to reconvene early next week to address members’ observations

ECC members argue industry should be given priority as it earns revenue for country

Seeks exemption from duties, taxes on goods donated to G-B Police

ECC meeting stresses importance of pursuing court cases against alleged irregularities

ECC decides to recover local, imported gas price difference from urban consumers

ECC discusses measures to supply gas to fertiliser plants amid depletion of reserves

Allows recovery of Rs1.72 tariff hike from K-Electric consumers

Cabinet okays Hajj package which is Rs100,000 less expensive than last year

Power Division proposes transition from Libor to SOFR for power project loans

Leasing firms refuse to work with institutions in CCC credit-rated countries

ECC approves addition of ancillary services projects to Transmission Line Policy

Also endorses operator-favoured State Support Agreement for outsourcing of Islamabad airport

ECC approves increase in existing MRPs of essential drugs equal to 70% increase in CPI

Approves advisory agreement with IFC against heavy drawbacks for Pakistan

Clears Rs6.2b payment as part of Reko Diq mines settlement deal

ECC defers summary for wheat support price, backs cheap electricity to exporters