Finance Advisor Hafeez Sheikh chairs ECC meeting with 7 points agenda

Finance Advisor Hafeez Sheikh chairs ECC meeting with 7 points agenda

ISLAMABAD: Advisor to Prime Minister on Finance Abdul Hafeez Shaikh will chair a session of the Economic Coordination Committee (ECC) to discuss seven-point agenda today.

The ECC will discuss Karachi Transformation Plan of the Ministry of Planning and Development, first-ever policy envisaged to run electric vehicles in Pakistan and a scheme to end ‘own money’ on newly-launched vehicles.

It is likely that the committee will approve the summary of the finance ministry for ending different financial compensations. The ECC will also mull over amendment in re-lending policy pertains to the provision of foreign loans to provinces or other institutions.

Moreover, the ECC will also review the applications of supplementary grants to the subordinate institutions of the health and interior ministries.