Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The Economic Coordination Committee of the Cabinet was informed by the Governor State Bank of Pakistan on Saturday that SBP had received the first installment of US $ 550 million from the International Monitoring Fund thus increasing the Foreign Exchange Reserve to US $ 10.4 billion. This was disclosed when the ECC was discussing the […]
The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved exemption of all foreign and local components of the Karachi Circular Railway from imposition of general sales tax, customs duty and other federal levies in order to ensure financial viability of the project. To facilitate and accelerate the project of Karachi Circular Railways, Ministry […]
Islamabad: (Wednesday, August 08, 2012) Upon the protest of Punjab’s chief minister Shahbaz Sharif, the Economic Coordination Committee (ECC) has formed a committee with the mandate to ensure uniform loadshedding across the country. The ECC meeting held here in today in the chairmanship of the Prime Minister Raja Pervaiz Ashraf. The ECC committee will first […]
As power shortfall hit 8,000 megawatts on Thursday and protests fanned across Punjab, President Asif Ali Zardari directed Minister for Water and Power to take effective measures for elimination of unscheduled loadshedding. President Zardari convened an emergency meeting on the energy crisis, suggesting the concerned minister to establish a central control room in the Ministry […]
Defaulters get continuous power supply The power distribution companies have failed to cut supply of their potential defaulters, who owe them an enormous sum of Rs98 billion. Instead, these defaulters are getting nonstop power supply. An executive of the Ministry of Water and Power told that power companies are expected to cut supply of defaulters, […]
Economic Coordination Committee (ECC) of the Cabinet has decided to purchase 378,000 tons of sugar for the strategic reserve this year. The decision was taken after the reduction bid prices for sugar by the sugar mills this season, quoting just Rs. 17 per kg. The ECC meeting was presided by the Finance Minister of Pakistan, […]
Rabi crop – Economic Coordination Committee approves import of 200,000 tons of urea Islamabad, December 12: The Economic Coordination Committee (ECC) of the cabinet in a meeting today decided to allow the import of 200,000 tons of urea for the Rabi crops of year 2011-12. The committee, headed by Dr. Abdul Hafeez Shaikh – the […]
Pakistan Steel Mills to receive a bailout package of Rs6 billion Pakistan Steel Mills (PSM) is on verge of an impending shutdown and is in dire need of money injection to continue its functioning. To ensure the Mill continue working, the Economic Coordination Committee (ECC) has approved a bailout package of Rs6 billion for PSM. […]
