ECC says no to more wheat import, cancels floating of fresh tender

ISLAMABAD – The Economic Coordination Committee (ECC) of the Cabinet on Thursday decided that there is no need of further import of wheat at this point of time keeping in view the sufficient public current stock position. 

The ECC considered the summary tabled by the Ministry of National Food Security and Research (NFS&R) recommending that keeping in view the sufficient public current stock position of wheat flour, demand & supply situation, international wheat prices and local releases to flour mills, there is no need of further import of wheat at this point of time, even through G2G arrangements. On the recommendations of the Technical Advisory Committee, ECC also cancelled the floating of fresh tender to import wheat on the occasion. The ECC also recommended a summary by M/o NFS&R regarding permission for export of wheat flour to Afghanistan under World Food Programme strategy in wake of recent crisis. 

Federal Minister for Economic Affairs Omar Ayub Khan chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad. Ministry of National Food & Security presented a summary before the committee to reshuffle the chairmanship of the committee constituted for accepting/scrapping the tenders floated by TCP to import wheat and sugar. The ECC recommended that Adviser to the PM on Finance & Revenue may head the aforesaid committee for taking operational decisions related to tenders for import of wheat and sugar floated by the TCP. 

The ECC also recommended the summary tabled by the Petroleum Division regarding extension of gas network/rehabilitation of network in oil and gas producing districts of Khyber Pakhtunkhwa. The summary outlined details regarding phase-II of the project that will reduce gas losses in the gas producing districts of KP in collaboration with the provincial government. The first phase of the project was completed during last financial year. 

The ECC also approved the following Technical Supplementary Grants as recommended by the Technical Advisory Committee: Rs30 million in favour of Ministry of Energy (Power Division) for execution of development schemes of Sindh province under PSDP, Rs300 million in favour of Interior Division for establishment of Pakistan Emergency Helpline (PEHEL) and $190 million to National Disaster Management Authority (NDMA) for procurement of vaccine including transportation and handling charges.

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