PESHAWAR: The Supreme Court on Monday suspended the Peshawar High Court’s (PHC) verdict denying the Sunni Ittehad Council (SIC)
ECC approves import of 300,000 metric tons of wheat
ISLAMABAD: The Economic Coordination Committee of the cabinet has approved import of 300,000 metric tons of wheat to avoid any shortage of the commodity in the country.
Finance Minister Dr Abdul Hafeez Shaikh chairs the meeting in Islamabad today (Wednesday).
The meeting also approved government's sovereign guarantee against financing facility of 15.25 billion rupees from local banks for evacuation of power from Thar Coal Based Project.
The ECC approved technical supplementary grants worth over 737 million rupees for various projects, including 61 million rupees for feasibility study for new rail link between Peshawar to Jalalabad through Loi Shalman valley.
The committee also approved 29.38 million for Quaid-e-Azam Academy Karachi, 413.77 million for renewal of lease of Pakistan Quarters Karachi and 233.443 million rupees for E-Procurement System.
The ECC nodded approval to revised eligibility criteria and payment mechanism for cost subsidy against 100,000 housing units to be constructed during phase-I by the end of this year.
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