ECC meeting to discuss 16-point agenda in today’s meeting

F.P. Report

ISLAMABAD: Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh will chair a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday (today).

According to details, the ECC meeting is expected to deliberate on a 16-point agenda in its session.

The meeting will mull over supplementary grants for various government departments and ministries including narcotics control, cabinet division, ministries of industry and production, interior and energy, sources said.

The ECC will also discuss procurement of wheat by the government.

The matters related to tax exemption for under construction projects of the Earthquake Reconstruction and Rehabilitation Authority (ERRA) will also come under consideration, sources said.

It is pertinent to mention here that the ERRA projects are being built with a grant of the Saudi Fund for Development.

The ECC session will also consider addition of 150 MW electricity from K-electric to the national grid.

Moreover, a subsidy of three rupees per unit for industries will also be discussed in the economic coordination committee meeting.

Prime Minister Imran Khan on April 16, had reconstituted the Economic Coordination Committee (ECC) and appointed his Adviser on Finance and Revenue Dr Abdul Hafeez Sheikh as its new chairman.