Omar Ayub Khan to chair ECC meeting today

Federal Minister for Economic Affairs Omar Ayub Khan will chair the meeting of the Economic Coordination Committee (ECC) today to discuss a 15-point agenda.

The federal government will mull over the imposition of a new tax on sugar-sweetened beverages and tobacco besides reviewing a summary for late payment surcharge for fertilizers factories.

The ECC is likely to approve a technical supplementary grant for the expenditures of the Power Division. Moreover, the ECC will review a summary regarding the fuel adjustment of the electricity distribution companies.

The committee will mull over the available reserves and demand of wheat in the country besides approving the opening of a sixth tender for wheat import. A summary will be presented to provide wheat to Afghanistan.

A summary will come into consideration for the security duty allowance of Pakistan Air Force (PAF) officials.

It is likely that the ECC will approve the restoration of the gas network in those Khyber Pakhtunkhwa (KP) districts that are self-sufficient in oil and gas resources.

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