The Economic Coordination Committee of the Cabinet has approved Dealer Transfer Price of 50 kilogramms bag of imported Urea at 2340 rupees.

The ECC, which met in Islamabad on Wednesday with Finance Minister Ishaq Dar in the chair, also approved incidental charges from Karachi Port Trust at 594 rupees per bag and from Gwadar at 1008 rupees per to bring stability in the prices of Urea in the market. The committee further directed that the 50 percent of subsidy of the imported Urea should be shared by the provinces.

The ECC also approved supplementary grant of 80.988 million rupees for Heavy Electrical Complex to release markup amount to Bank of Khyber. 

Besides, the committee allowed supplementary grant of 500 million rupees for execution of development scheme on construction and rehabilitation of flood affected roads in District Muzafargarh.