Islamabad February 17 2022: Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over Economic Coordination Committee (ECC) of the Cabinet, today.
The ECC after deliberation on a summary presented by Ministry of Industries and Production on fixation of imported Urea price and approved the cost estimates for import of Urea amounting to Rs. 12.345 billion on cost sharing basis among the Federal and Provincial Governments on 50:50 basis.
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ECC exempted duties on import of oxygen gas and related equipment for medical purposes
The Ministry of Industries and Production submitted a summary on grant of arrival/priority berthing of TCP’s Urea vessels at Karachi Port Trust (KPT). Considering the urgent requirement of Urea in the country, the ECC approved the proposal. The ECC also considered and approved a number of proposals of Supplementary/Technical Supplementary Grants submitted by different Ministries/Divisions.
Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister of Planning, Development and Special Initiatives Mr. Asad Umar, Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, Federal Secretaries and senior officers attended the meeting.
