Islamabad April 2 2022: Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over meeting of Economic Coordination Committee (ECC) of the Cabinet, today.
Keeping in mind the prevailing commodity market price trend as well as the need for import of LNG, diesel and motor spirit from March 2022 to June 2022, the ECC approved Rs. 25 billion as supplementary grant in favour of Petroleum Division to address liquidity constraints to PSO for avoiding instant disruption in LNG and Oil supply chain.
The ECC approved Rs. 828 million as supplementary grant in favour of Ministry of Information Technology and Telecommunication for Special Communication Organization.
Adviser to PM on Commerce and Investment Mr. Abdul Razak Dawood, Federal Secretaries, Governor SBP, and other senior officials attended the meeting.