Sunday , March 8 2026

Tag Archives: ECC

ECC approves 600 MHz spectrum auction, paving way for 5G rollout

BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has approved recommendations for the country’s largest-ever spectrum auction, which will improve 3G and 4G services while enabling the commercial rollout of 5G technology in Pakistan for the first time. Federal Finance Minister Muhammad Aurangzeb and Minister of …

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PSO races to finalize Qatar LNG Cargo diversion deal before deadline

Aftab Maken ISLAMABAD: The ECC of the Cabinet has granted Pakistan State Oil (PSO) authorization to finalize a crucial deal with Qatar Energy to divert 24 to 29 Liquefied Natural Gas (LNG) cargoes scheduled for delivery in 2026. The deadline to close the agreement is November 15, 2025. The decision …

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ECC seeks full rail plan for Reko Diq by March 2026

Rail link vital for Reko Diq copper-gold exports; $390m bridge financing secured under government guarantee. BeNewz Report The Economic Coordination Committee (ECC) of the Cabinet has directed the Ministry of Railways and the Finance Division to present a comprehensive execution and implementation plan for rail agreements related to the Reko …

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ECC approves $390m deal to launch Reko Diq mining project

BeNewz Report The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved definitive agreements and financial commitments for the Reko Diq Project. The decision paves the way for full-scale development work to begin in Balochistan, with an estimated bridge financing package of $390 million allocated to rail infrastructure. …

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ECC approves key budget allocations and Policy revisions

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, approved various financial proposals and policy guidelines during its meeting on Friday. The ECC approved Rs. 935.78 million for the payment of projected net salaries to Pakistan Steel Mills (PSM) …

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MoI officials probe over unnecessary litigation against Huawei

The Interior Ministry will launch an inquiry into its own officials for pursuing unnecessary litigation against Chinese tech giant M/s Huawei, withholding $6.17 million (Rs 1.72 billion) owed under the Safe City Project, reliable sources disclosed on Thursday. The Ministry’s decision to file an Intra Court Appeal (ICA) against Huawei …

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ECC approves lavishly Rs 87bn under TSGs

The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved Technical Supplementary Grants (TSGs) amounting Rs 87 billion just a two weeks before for a new federal budget to be laid before the parliament for approval. The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over …

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