The Economic Coordination Committee of the Cabinet has given principalapproval for extending the Defence Credit Line Facility of 50 Milliondollars to Sri Lanka to enhance bilateral defence and security cooperation.
The meeting of ECC was held in Islamabad today [Thursday] with Minister forFinance and Revenue Shaukat Tarin in the chair.
The meeting also approved duty and tax exemption to products and goodsincluding oxygen gas, oxygen gas cylinder and cryogenic oxygen tanks forhealth sector up to June 2022 to cope with the fifth wave of Covid in thecountry to ensure uninterrupted supply of oxygen.
Approval was also given for expansion of Kamyab Pakistan Programmethroughout Pakistan in the meeting.
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The forum approved the cost estimates for import of Urea amounting to12.345 billion rupees on cost sharing basis among the Federal andProvincial Governments on 50:50 basis.
