Trends - Economic Coordination Committee

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Unutilised Stimulus Package amount: Rs352bn to be used on vaccine procurement

ECC meeting told that funds were allocated under the Economic Stimulus Package for the entire duration of the Covid-19 pandemic, irrespective of the financial year

Updated 29 Jul, 2021 09:12am

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Power Division finalises new draft PPA with KE along with disputes

ISLAMABAD: The Power Division has reportedly finalised new draft Power Purchase Agreement (PPA) with Karachi ...

Updated 24 Jul, 2021 10:45am

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Govt-owned power plants: MoF opposes Rs177.8bn payment due to limited fiscal space

ISLAMABAD: The Ministry of Finance (MoF) has reportedly opposed payment of Rs 177.8 billion to the government=owned...

Updated 21 Jul, 2021 08:48am

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Kamyab Jawan Program: Finance Division estimates Rs21bn budget

ISLAMABAD: The Finance Division has estimated budget requirement of over Rs21 billion for providing mark-up subsidy...

Published 20 Jul, 2021 04:48am

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Sugar import allowed by ECC

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet, on Friday, approved sugar import ...

Updated 17 Jul, 2021 10:06am

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Imported sugar to get costlier on surge in global prices

Meeting of the ECC informed that imported sugar would cost approximately Rs104 per kg against the current retail market price of Rs98 per kg

Updated 10 Jul, 2021 11:16am

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Govt-KE AA talks hit impasse over ‘equity and fairness’ clause

ISLAMABAD: Negotiations between Karachi Electric (KE) and Government of Pakistan (GoP) on Arbitration Agreement (AA)...

Published 10 Jul, 2021 04:59am

BR Research

Minimum support price on cotton, but for whom?

Prologue The Economic Coordination Committee of the federal cabinet in its meeting on Monday reportedly considered...

Updated 30 Jun, 2021 02:51pm

BR Research

Wholesale power market – who will pay for delays?

If things go smooth, Pakistan may finally have a wholesale electricity market up and running by April 2022, as the...

Published 24 Jun, 2021 07:40am

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ECC approves Rs300m allocation for three joint border markets in Balochistan

In the first phase, it was directed that two pilot projects at Gabd and Mond in Balochistan have to be executed

Updated 24 Jun, 2021 11:41am

Pakistan

Second phase of EEC Programme to be launched soon: Dr Sania

ISLAMABAD: Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation Dr Sania Nishtar...

Published 14 Jun, 2021 03:39am

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PQA Master Plan: ECC decides to allow appointment of consultant

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to allow appointment of foreign...

Published 03 Jun, 2021 04:13am

Pakistan

ECC approves US $ 130mn for corona vaccine procurement

During the new financial year, need for additional funds would be reviewed and additional funds would be provided accordingly.

Published 31 May, 2021 07:02pm

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ECC, CCoP meetings put off

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet and the Cabinet Committee on Privatisation ...

Published 20 May, 2021 04:26am

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Broadsheet Commission, other heads’ expenditures: ECC approves Rs22.7m TSG for Law, Justice Division

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly approved Rs22.7 million Technical...

Published 17 May, 2021 06:14am

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Strategic hydropower projects in AJK: ECC exempts OSCs from taxes

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has exempted Offshore Supply Contractors (OSCs)...

Updated 10 May, 2021 10:22am

Editorials

IPPs: Where’s govt’s political will?

EDITORIAL: After several rounds of negotiations, the federal government has come up with an agreement with around 50...

Published 10 May, 2021 04:54am

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Offshore supply contractors in AJK under CPEC: ECC set to approve tax exemption

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve exemption in taxes for...

Updated 05 May, 2021 10:36am

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Rs4bn RLNG subsidy approved for export-oriented sector: ECC forms sub-committee for payment to IPPs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs4 billion as subsidy for supply ...

Published 29 Apr, 2021 03:52am

Pakistan

Cabinet approves plan to divide PIA in two firms, sends summary to ECC for revision, says Fawad

The initiative, which was discussed during a meeting of the cabinet, has been taken to address the financial woes faced by the national flag carrier
The government has also decided to lay off half of PIA's 14,000 employees, replace some of its fleets, and permanently close loss-making routes

Updated 28 Apr, 2021 03:38pm

Opinion

Is it ECC versus EAC?

This is apropos a Business Recorder news item “Economic body asked to provide clear road maps” carried by the...

Published 24 Apr, 2021 03:21am

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KE, public sector entities: Arbitration agreement sent to ECC

ISLAMABAD: Privatis-ation Commission (PC) has reportedly sent the much-deliberated draft Arbitration Agreement (AA)...

Published 23 Apr, 2021 05:12am

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ECC passes on PIA restructuring plan to cabinet

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has decided that the restructuring...

Published 08 Apr, 2021 04:10am

Markets

APVTA demands ban on export of cotton, yarn

FAISALABAD: All Pakistan Value-added Textile Association (APVTA) has demanded complete ban on the export of cotton...

Published 05 Apr, 2021 03:56am

Opinion

Indo-Pak relations: PM’s assessment of the situation is spot on

The Economic Coordination Committee (ECC) of the Cabinet decided to lift ban on cotton and sugar imports from India....

Published 04 Apr, 2021 04:12am

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ECC to allow import of cotton, yarn from India

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to allow import of cotton and yarn through...

Published 30 Mar, 2021 05:45am

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ECC approves Rs1bn for ad drive to highlight govt initiatives

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) has approved Rs1 billion for launching an...

Published 27 Mar, 2021 05:41am

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PD prepares draft of new refinery policy

ISLAMABAD: The Petroleum Division has prepared draft of new refinery policy which is under discussion with different...

Published 24 Mar, 2021 05:10am

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Wheat import, sovereign guarantee for power evacuation: Summaries approved by ECC

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday decided to import...

Updated 18 Mar, 2021 09:14am

Markets

Firm trend on local cotton market

KARACHI: The local cotton market remained stable on Wednesday. Market sources told that trading volume was also...

Published 11 Mar, 2021 05:25am