AVN 67.54 No Change ▼ 0.00 (0%)
BOP 9.35 No Change ▼ 0.00 (0%)
CHCC 139.27 No Change ▼ 0.00 (0%)
DCL 10.89 No Change ▼ 0.00 (0%)
DGKC 112.94 No Change ▼ 0.00 (0%)
EFERT 66.44 No Change ▼ 0.00 (0%)
EPCL 45.64 No Change ▼ 0.00 (0%)
FCCL 20.50 No Change ▼ 0.00 (0%)
FFL 15.99 Increased By ▲ 0.06 (0.38%)
HASCOL 15.78 No Change ▼ 0.00 (0%)
HBL 139.52 No Change ▼ 0.00 (0%)
HUBC 76.40 No Change ▼ 0.00 (0%)
HUMNL 8.09 No Change ▼ 0.00 (0%)
JSCL 27.29 Increased By ▲ 0.11 (0.4%)
KAPCO 28.53 No Change ▼ 0.00 (0%)
KEL 3.89 No Change ▼ 0.00 (0%)
LOTCHEM 12.30 No Change ▼ 0.00 (0%)
MLCF 41.45 No Change ▼ 0.00 (0%)
OGDC 98.35 No Change ▼ 0.00 (0%)
PAEL 36.09 No Change ▼ 0.00 (0%)
PIBTL 13.27 No Change ▼ 0.00 (0%)
PIOC 98.87 No Change ▼ 0.00 (0%)
POWER 9.38 No Change ▼ 0.00 (0%)
PPL 86.77 No Change ▼ 0.00 (0%)
PSO 209.04 No Change ▼ 0.00 (0%)
SNGP 57.36 No Change ▼ 0.00 (0%)
STPL 12.67 No Change ▼ 0.00 (0%)
TRG 50.01 No Change ▼ 0.00 (0%)
UNITY 21.51 No Change ▼ 0.00 (0%)
COVID-19 TOTAL DAILY
CASES 327,895 832
DEATHS 6,736 9

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to approve removal of additional customs and regulatory duties on selected items of textile sector under the National Tariff Policy 2019-24.

A meeting of the ECC to be presided over by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh would take up as many as six items on the agenda with the possibility that some items may be circulated during the meeting or included before the meeting as this has long been a usual practice in the past. On a proposal of the Commerce Division, the ECC is likely to approve removal of additional customs and regulatory duties on selected items of the textile sector under the National Tariff Policy 2019-24.

The meeting would also take up a proposal of the Finance Division for wavier of guarantee fee on foreign loans of K2/K3 projects, and the Ministry of Industries and Production Division’s proposal for disbursement of Pakistan Steel Mills (PSM) employees’ salaries for the financial year 2020-2021.

On a proposal of the Law and Justice Division, the ECC may approve technical supplementary grant of Rs102 million for the Islamabad High Court (IHC) under the Finance Division Demand.

The National Heritage and Culture Division has also moved a summary to the ECC with a request to approve technical supplementary grant of Rs85,011,000 under Demand No 50-misc and during current fiscal year as administrative control of National Academy of Performing Arts has been transferred to it.

The ECC would also take up a proposal of the National Health Services, Regulation and Coordination with respect to implementation of the Executive Committee of National Economic Council (ECNEC)’s decision to shift Expanded Program on Immunization budget from development budget to revenue budget.

Copyright Business Recorder, 2020