The Economic Coordination Committee has approved the revision in consumer gas sale prices with direction to further reduce the gas rates for export and non-export industry.
In its meeting held in Islamabad on Thursday with Finance Minister Miftah Ismail in the chair, the committee also approved the continuity of distribution of subsidized Atta under Prime Minister's Sasta Atta Initiative on 1200 additional sale points in Khyber Pakhtunkhwa for current and next month.
Ministry of National Food Security and Research submitted a summary on urgent advice relating to award of second international wheat tender 2022 opened on 1st of this month for 500,000 metric tons. The ECC after discussion scrapped the tenders and directed Trading Corporation of Pakistan to float fresh tender for import of 300,000 MT of wheat.
Further, a committee has been formed on the directions of the Prime Minister comprising of Ministers of Commerce, National Food Security & Research and Finance to ascertain the actual wheat requirement for the country.
On a summary of Power Division, the ECC granted approval for issuance of GoP sovereign guarantee of 10 billion rupees for construction of two units of 660 MW Super Coal Power Projects.