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Tag: Economic Coordination Committee

IMF gas prices
Business
  • Web Desk
  • Oct 23, 2023
ECC approves massive gas tariff hike, effective from November 1st

In a pivotal decision, the Economic Coordination Committee (ECC) convened on Monday to address the pressing issue of gas tariffs.

ECC meeting
Business
  • Web Desk
  • Oct 23, 2023
ECC meeting convened under caretaker finance minister today

One of the primary matters set for deliberation is the potential authorisation of a substantial wheat import, with sources indicating a quantity of up to one million metric tonnes.

gas prices
Latest
  • Web Desk
  • Oct 22, 2023
Summary seeks 193% increase in gas prices

The summary submitted by the Petroleum Division has recommends an astounding 193 per cent increase in gas tariff for industrial sector and a 172 per cent hike for domestic consumers

Pakistan Steel Mills Salaries
Latest
  • Hum News
  • Oct 03, 2023
Govt allocates Rs620 million for Pakistan Steel Mills employees’ salaries

In a significant decision, the federal cabinet has granted approval for the disbursement of Rs620 million in salaries to Pakistan Steel Mills (PSM) employees.

gas price
Business
  • Web Desk
  • Oct 03, 2023
ECC meets today to tackle key economic issues

ECC will deliberate on the critical matter of gas sales prices for the fertilizer industry as well as the formation of the National Credit Guarantee Company.

PIA
Pakistan
  • Web Desk
  • Sep 10, 2023
PIA’s financial crisis: fleet feared to shrink to 15 planes

Out of PIA’s 35 planes fleet, 20 aircraft are operational and the remaining 15 aircraft are grounded.

8 state owned companies Rs2201 billion
Business
  • Hum News
  • Sep 09, 2023
PIA’s path to recovery: Govt injects ‘critical funds’ to settle debts

Pakistan International Airlines (PIA), grappling with its financial burdens, announced on Saturday that it has found relief as the government injected critical funds into the national carrier. In a statement shared on the social media platform X (formerly known as Twitter), PIA disclosed that the government of Pakistan has stepped in to provide vital financial support, leading to an alleviation of the airline’s fiscal challenges. Additionally, PIA affirmed that its restructuring efforts are progressing as planned.

ECC
Pakistan
  • Hum News
  • Sep 07, 2023
Caretaker finance minister holds ECC meeting, approves petrol margin increase

During ECC session, it was decided to form a separate committee responsible for reviewing the comprehensive restructuring plan of PIA.

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