The Economic Coordination Committee (ECC) on Friday approved supply of 35,000 metric tonnes of wheat from PASSCO to the World Food Programme for distribution amongst the temporary displaced persons (TDPs) of FATA.
The ECC meeting was chaired by the Prime Minister Shahid Khaqan Abbasi at Prime Minister’s Office.
The ECC approved provision of an additional guarantee of Rs 20 billion for PIACL to meet the expenditure for the overhauling of aircraft engines. The meeting directed Aviation Division and the Finance Ministry to ensure that the financing support approved by the ECC is strictly utilised only for the defined purpose.
The PIACL CEO also briefed the meeting about the progress made so far in the efforts to turn around national flag carrier and to reduce its losses.
The meeting accorded approval to a proposal for introducing necessary amendments to the OGRA Ordinance 2002 to cover the entire LNG/RLNG supply chain in the OGRA regulatory framework and to remove anomalies in the dispatch, receipt and billing of RLNG volumes.
The ECC also approved, in principle, exemption of regulatory duties on import of fresh fruits, vegetables and dry-fruits from Afghanistan, which was announced by the prime minister during his visit to Afghanistan.
Published in Daily Times, May 12th 2018.
