Finance Minister to chair ECC meeting tomorrow

ISLAMABAD: Finance Minister Asad Umar will preside over a gathering of the Financial Coordination Committee (ECC) on Tuesday (tomorrow) to debate plenty of monetary issues, together with a monetary assist bundle for the loss-making Pakistan Worldwide Airways (PIA), ARY Information reported.

The assembly will take up a six-point agenda, which incorporates dialogue and approval of a abstract with regard to a monetary assist bundle for the nationwide flag service. In addition to, it might additionally deliberate on measures to reinforce cotton yield within the nation.

Summaries with regard to important amendments for Gwadar Port and Gwadar Free Zone and petroleum product advertising licenses may even be offered earlier than the committee.

Learn Additionally: ECC directs for gas and power connections to economic zones

On the earlier assembly on Feb 4, the Financial Coordination Committee (ECC) directed the facility and petroleum divisions to offer fuel and energy connections to particular financial zones inside one month.

An official of the Board of Funding gave a briefing on the Financial Zones to the cupboard committee.

The assembly directed the federal authorities’s energy and petroleum division to submit a report on the requirement of fuel and electrical energy to the ECC inside one month. The ECC additionally permitted 833 million rupees funds for the Machine Software Manufacturing unit.

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