ISLAMABAD: The Financial Coordination Committee (ECC) has permitted a aid package deal with subsidies value over Rs1.6 billion rupees for the forthcoming month of Ramazan.
The committee authorised the package deal at a gathering presided by Finance Minister Ishaq Dar right here in Islamabad on Tuesday.
The package deal will present 19 meals gadgets to the individuals on subsidised charges by way of utility shops.
The subsidised meals gadgets embrace wheat flour, sugar, ghee, oil, pulses, white grams, baisen, dates, rice, squashes, black tea, milk, and spices.
The Utility Shops Company may even scale back costs of over 2,four hundred different gadgets by 5-10 %, acquiring particular low cost from suppliers and decreasing its personal revenue margins.
The ECC additionally determined a rise in amount of urea accredited for exports from the prevailing zero.three to zero.6 million metric tons. The deadline for export of urea was prolonged until October 31.
The ECC, on a proposal by the Finance Division, accepted the restoration of obligation and gross sales tax on import of cotton with impact from July 15 this yr.
The choice was made to spice up the arrogance of home cotton growers through the upcoming sowing season.
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