Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday reviewed inflationary trends and approved several technical supplementary grants (TSGs) across sectors, as the government emphasized coordinated policy measures to stabilize prices and protect consumer purchasing power. Chairing the meeting at the Finance Division, Federal Minister for …
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Agreement unlocks $1.2 billion in funding as IMF praises strong reform momentum amid flood challenges Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the second review of the 37-month Extended Fund Facility (EFF) and the first review of the 28-month Resilience and …
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Finance Minister Muhammad Aurangzeb chaired the ECC meeting virtually, approving used vehicle imports with age and duty conditions until 2026. Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet approved the commercial import of used vehicles under specific conditions during a meeting chaired virtually by Finance Minister Senator Muhammad …
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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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Benewz Report Finance Minister Muhammad Aurangzeb assured the Pakistan Business Council of the government’s commitment to reforms, investment growth, and macroeconomic stability. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s resolve to strengthen economic reforms, attract investment, and create a stable business environment during a meeting …
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Committee to monitor essential commodities, ensure relief for vulnerable households BeNewz Report Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the first meeting of the Steering Committee on Inflationary Trends in Pakistan, where food prices and market conditions were reviewed in detail. The Committee, set up last week …
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Funding to cover severance, dues, and asset disposal as the government winds up the loss-making Utility Stores Corporation The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a technical supplementary grant of Rs 30.216 billion to facilitate the smooth closure of the Utility Stores Corporation (USC), marking a …
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BeNewz Report ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Wednesday reaffirmed their commitment to deepen cooperation in economic reforms, climate resilience, and infrastructure development, as Finance Minister Senator Muhammad Aurangzeb met with ADB President Masato Kanda in Islamabad. The high-level meeting, held at the Finance Division, was attended …
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BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, on Tuesday approved multiple economic measures, including relief for flood-affected families in Gilgit-Baltistan and key settlements in the energy sector. The meeting was attended by Power Minister Sardar Awais Ahmad Khan Leghari, …
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BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, convened on Tuesday to approve significant financial allocations and key policy proposals aimed at bolstering various sectors of the economy. The committee approved over Rs 11 billion in grants, including a relief …
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