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ECC Approves Proposed Amendments In IPO-2022

admin-augaf by admin-augaf
April 5, 2023
in Business, Finance
Reading Time: 2 mins read
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ECC Approved Extension in Kandkot Field Development and Production Lease to PPL

ECC Approved Extension in Kandkot Field Development and Production Lease to PPL

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Islamabad April 5 2023: The Economic Coordination Committee (ECC) on Wednesday approved the proposed amendments in the relevant clauses of IPO-2022.

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the ECC, said a press release issued here.

Ministry of Commerce submitted a summary on amendments in the Import Policy Order-2022 with regards to the import of live animals and animal products in line with the revised conditions/guidelines by the World Organization of Animal Health (WOAH) on animal (Cattle) trade.

The ECC approved Technical Supplementary Grant of Rs. 299.997 million in favour of the Ministry of Housing and Works for the repair and maintenance of Public buildings.

The ECC also approved a Supplementary Grant of Rs. 87.164 million in favour of the Intelligence Bureau for payment of taxes and duties.

The ECC after discussion deferred a summary of the Ministry of Commerce regarding the Amendment in IPO-2022 pertaining to used Auto Lube Oil and a summary of the Ministry of Information Technology & Telecommunication, seeking approval of NTC’s budget for financial year 2021-22 and 2022-23.

Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Industries and Production Syed Murtaza Mahmud, Federal Minister for Commerce Syed Naveed Qamar, Shahid Khaqan Abbasi MNA/Ex-PM, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, Minister of State for Petroleum Musadik Masood Malik, SAPM on Revenue Tariq Mehmood Pasha, SAPM on Government Effectiveness Dr. Muhammad Jehanzeb Khan, Coordinator to PM on Commerce & Industry Rana Ihsan Afzal, Federal Secretaries and other senior officers attended the meeting.


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