Skip to main content

Abdul Hafeez Shaikh to chair ECC meeting today

Abdul Hafeez Shaikh to chair ECC meeting today
The meeting of the Economic Coordination Committee (ECC) of the Cabinet will be held with Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh in the chair on Wednesday (today).

The ECC meeting will take place in Islamabad.

The meeting will mull over supplementary grants for various government departments and ministries.

The demand and supply of wheat will also come under discussion in the ECC meeting.

In the previous meeting, the ECC approved the proposal of Finance Division authorizing the government to issue sovereign guarantee amounting to Rs.20 bn for investment in National Investment Trust’s (NIT) State Enterprise Fund.

Ministry of National Food Security and Research secretary updated the committee about the wheat situation in the country. He informed that the country was in a comfortable position with having 7.257 million tons of wheat available in the stock.

The ECC acceded to the proposal of Ministry of States, Frontier Regions to grant Rs.781,591,000 for arranging 20,000 metric tons of wheat for temporarily displaced persons of erstwhile FATA.



Labels:

Comments

Post a Comment

Popular posts from this blog

IHC to hear Nawaz Sharif’s bail plea on medical grounds today

The Islamabad High Court (IHC) will take up the plea filed by the former prime minister Nawaz Sharif seeking bail in the Al-Azizia case on medical grounds on Wednesday (today). The division bench comprising Justice Aamir Farooq and Justice Mohsin Akhtar Kayani will preside the hearing. In the last hearing, the National Accountability Bureau (NAB)had submitted its detailed reply in the court. The NAB has requested the Islamabad High Court (IHC) to throw out a petition filed by former prime minister Nawaz Sharif seeking his release from prison on medical grounds. In a detailed reply submitted to the IHC in response to Sharif’s plea, the anti-graft watchdog stated that the petition at hand is the third one seeking relief on the grounds similar to previous ones and therefore, is not maintainable and liable to be dismissed with exemplary costs. NAB stated the grounds on the basis of which Sharif sought his release are “non-conclusive observations contained in a medical report of the ...
Post a Comment
Read more

PM Khan had ended tolerance for corruption: Fawad Chudry

Information Minister Fawad Chaudhry on Sunday asserted that all state institutions stand by Prime Minister Imran Khan and are working together to lead the country toward development. While talking to journalists, Information Minister Fawad Chaudhry said that before Khan came to power, every politician thought that “corruption was their right”. However, PM Khan had ended tolerance for corruption after he assumed office, Chaudhry claimed. When people do not have money to buy medicines then how can a prime minister live lavishly?” said Fawad Chaudhry. “They [the previous government] had ordered cars worth Rs980 million for one SAARC conference,” Chaudhry said, adding that the maintenance expenditure of the cars amounted to Rs350m. He said that previous governments had left the country up to its eyeballs in debt by spending huge amounts of money on extravagance. The new premier was trying to repay this debt. He further said that the budget allocated to state institutions like Pakist...
Post a Comment
Read more

England start 2019 World Cup campaign with 104-run win over South Africa

England inflicted a heavy 104-run defeat over South Africa on Thursday in the opening match of the 2019 World Cup at Kennington Oval in London. Chasing a 308-run target, South Africa were dealt an early blow when opener Hashim Amla had to retire hurt after copping a Jofra Archer bouncer. Quinton de Kock (68) top scored for the visitors and Rassie van der Dussen chipped in with a 50 but no other batsmen did enough for the Africans to pose a serious threat to the hosts. Archer was the star of the the show as he picked up three wickets and bowled with hostile pace that troubled Faf du Plessis' men. Ben Stokes was named the man of the match for his two-for coupled with an 89-run knock in the first innings. Earlier, South Africa had restricted England to 311 for eight as the tournament hosts and favourites made a stuttering start in their quest to win the trophy for the first time. Ben Stokes top-scored with 89, while England captain Eoin Morgan (57), Jason Roy (54) and Joe Root...
Post a Comment
Read more