ISLAMABAD: Petrol prices in Pakistan are expected to increase by Rs2.40 per litre starting December 15, 2025, for the upcoming fortnight. The government will announce the revised fuel rates on the same day, taking into account trends in the international oil market and preliminary estimates for various petroleum products. Read More: Pakistan Slashes Petrol Prices Amid Global […]
ECC
ECC approves defence grants and security measures
The Economic Coordination Committee (ECC) on Tuesday approved multiple grants aimed at strengthening Pakistan’s security, defence, and strategic sectors. The meeting, chaired by Finance Minister Muhammad Aurangzeb, included federal ministers, special assistants to the prime minister, secretaries, and senior officials from relevant divisions. Read More: ECC approves over Rs 659 billion guarantee for circular debt According […]
ECC approves Rs1.2tr circular debt plan
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved an inter-corporate circular debt settlement plan, including tariff rationalisation for all six operational nuclear power plants, aligning them with other power producers and paving the way for the eventual winding up of Power Holding Limited (PHL) — a company created to manage legacy […]
NEPRA completes hearing on CPPA-G’s plea for Rs0.37 per unit fuel cost relief
KARACHI: The National Electric Power Regulatory Authority (NEPRA) has concluded its hearing on the Central Power Purchasing Agency-Guarantee (CPPA-G) petition seeking a fuel charge adjustment (FCA) relief of Rs0.3681 per unit for September 2025, The News reported on Thursday. Following the public hearing, NEPRA will announce its final decision on the FCA rate to be […]
Govt Permits Import of Used Cars with 40% Duty
ISLAMABAD – The Economic Coordination Committee (ECC) has given the green light for the commercial import of used vehicles up to five years old, but with strict conditions on safety and environmental standards. The decision was taken in an ECC meeting held on Wednesday, chaired virtually by Finance Minister Muhammad Aurangzeb. According to the Finance […]
ECC approves supplementary grants and new gas prices in key economic meeting
ISLAMABAD – The Economic Coordination Committee (ECC) approved several technical supplementary grants for different ministries during a meeting chaired by Finance Minister Muhammad Aurangzeb. These grants are part of the budget for the 2024–25 financial year. The committee approved Rs 15.8 billion for the Ministry of Defence. Another Rs 6.3 crore was approved for rent […]
ECC approves Rs 24.26 billion fertilizer subsidy
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet here on Thursday approved Rs 24.26 billion subsidy on fertiliser for Kharif Crops 2022 and also enhanced Minimum Support Price (MSP) of Wheat Crop 2021-22 from Rs.1,950/40 Kg to Rs 2,200/ 40 Kg. The meeting was chaired by Federal Minister for Finance and Revenue, Shaukat Tarin […]
Govt raises prices of ghee, sugar, flour in another blow to the masses
ISLAMABAD: The government on Friday gave another shock to the already economically-pressed people by raising prices of three basic necessities at the utility stores after raising the price by Rs5.40 per litre of petrol yesterday. Sources said that the Economic Coordination Committee headed by Finance Minister Shaukat Tarin approved a hike in the prices of three basic […]
Supplementary grant for Covid-19 released by ECC
ISLAMABAD: Finance Minister Shaukat Tarin on Wednesday presided over a meeting of the Economic Coordination Committee (ECC) in Islamabad. According to sources, the ECC approved a summary for release of funds for the establishment of border markets in Balochistan. It approved a technical supplementary grant to cope with the Covid-19 pandemic. The meeting also green-lighted […]
ECC to discuss tax exemptions on Covid-19 imports today
The Economic Coordination Committee (ECC) will meet on Wednesday to discuss the exemption of taxes and duties on the import of medical equipment for the treatment of Covid-19 patients. Moreover, it is anticipated that the committee will also approve the setting up of a policy committee to run the Ehsaas Donation Fund and the Ehsaas […]