The Economic Coordination Committee (ECC) on Wednesday approved the Ramadanrelief package worth Rs 7.60 billion.
According to the details, the amount will be provided to the utility storesin a bid to provide relief to the masses during the Holy month of Ramadan.
A meeting of the Economic Coordination Committee was held under thechairmanship of Finance Minister Abdul Hafeez Sheikh in which the packagewas approved.
Under the package, Rs 7.60 billion will be given to utility stores. Rs 1.30billion will be given as a subsidy on ghee, after which ghee will beavailable at Rs 170 per kg at utility stores in Ramadan.
As per the agenda, import of raw cotton from the Torkham border and seventechnical supplementarylinkgrantsfor various ministries were also approved.
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The ECC meeting also allowed the supply of RLNG to operate 2 fertilizerplants to meet the shortage of urea fertilizer.
Moreover, the meeting directed to complete the study on the margins of oilmarketing companies as soon as possible while the agenda of the PowerDivision and Petroleum Division was postponed.
