Trends - Economic Coordination Committee

Economic Coordination Committee

Net-metering connections: govt plans to digitalise process with new online portal

The government is planning to “simplify and digitalise” the process of applications for new net-metering connections...

Published 20 May, 2025 08:34pm

Pakistan

ECC approves phasing out of SBP’s Rs330bn LTFF to Exim Bank

The Economic Coordination Committee (ECC) of the Cabinet on Friday decided to phase out the State Bank of Pakistan’s...

Updated 21 Mar, 2025 11:40pm

Perspectives

Net-metering in Pakistan: A solution for clean energy or a grid crisis?

The Economic Coordination Committee (ECC) of the Cabinet approved on Thursday a set of amendments to the...

Updated 14 Mar, 2025 10:51pm

Markets

Gwadar Free Zone: ECC approves limited export of potassium sulphate fertiliser

The Economic Coordination Committee (ECC) on Thursday approved limited export of potassium sulphate fertiliser from...

Published 13 Mar, 2025 10:02pm

Markets

Govt reduces buyback rate for solar net-metering electricity to Rs10 per unit

Decision aimed at reducing growing financial burden on grid consumers, according to Finance Division
Revised framework will not apply to existing net-metered consumers until expiration of license or agreement

Updated 13 Mar, 2025 10:59pm

BR Research

Muttonheaded: Pakistan’s goat rodeo of governance

Last week, this newspaper reported that a proposal by Pakistan’s celebrated Special Investment Facilitation Council...

Published 03 Mar, 2025 07:28am

Markets

ECC endorses purchase of $582mn capital shares in BRICS’s New Development Bank

NDB is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other emerging markets

Updated 14 Feb, 2025 10:27pm

Markets

Afghan transit trade: ECC okays insurance guarantee for DAP imports

Economic Coordination Committee authorises Finance Division to approve payment of projected Rs935.78mn in net salaries of Pakistan Steel Mills employees for FY25

Published 17 Jan, 2025 10:18pm

Business & Finance

Special meeting: ECC shows concern over implementation delays

The Economic Coordination Committee (ECC) has shown concern over delays in the implementation of its decisions, the...

Published 27 Nov, 2024 09:56pm

Markets

ECC approves power relief package for winter

Consumers to be charged a flat rate of Rs26.07 per unit for electricity usage above benchmark consumption

Updated 19 Nov, 2024 08:45pm

Business & Finance

SCO summit: Rs2.7bn spent on arrangements, beautification of Islamabad, interior ministry tells ECC

Economic Coordination Committee approves Circular Debt Management Plan for FY 2024-25

Updated 04 Nov, 2024 11:01pm

Pakistan

ECC approves Rs2.94bn grant for purchase of 2 e-passport, 6 desktop personalisation systems

Decision aims to ensure uninterrupted, smooth business of Director General Immigration & Passports, Finance Division says

Published 01 Nov, 2024 10:47pm

Markets

ECC allows additional export of 500,000 MT of surplus sugar

Decision taken in view of availability of sufficient surplus stocks, Finance Division says

Updated 11 Oct, 2024 10:36pm

Pakistan

PM Shehbaz hands over ECC chair to finance minister Aurangzeb

Earlier, premier had decided to head committee himself

Updated 24 Mar, 2024 07:42pm

Selling imported urea thru local firms: Cabinet approves principles of basket price mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved principles of basket price...

Updated 12 Feb, 2024 10:10am

Markets

Govt-KE draft agreements: ECC approves Power Division’s proposal

Directs Power Division to present matter related to KE’s generation enhancement plan to the CCOE

Updated 15 Dec, 2023 10:42pm

Markets

Gas tariff hike to address Pakistan’s economic woes: energy minister

Says Sui companies would have sustained losses to the tune of over Rs400 billion if gas prices were not raised

Updated 31 Oct, 2023 10:48pm

Markets

Gas tariff hike to bode well for Pakistan in upcoming IMF review: brokerage house

Topline Securities says chemical sector is likely to be significantly impacted as gas prices constitute a major part of total cost and impact is unlikely to be passed on to final consumers

Updated 24 Oct, 2023 10:31pm

Business & Finance

PIA says govt support ‘eases out’ financial woes, ‘restructuring also on track’

Debt-ridden Pakistan International Airlines (PIA) said on Saturday that its financial woes have “eased out” after...

Updated 09 Sep, 2023 04:48pm

Markets

Pakistan LNG allowed to execute framework agreement with Azerbaijan’s SOCAR

ECC directs Ministry of Petroleum to determine LNG needs at least three months in advance on rolling basis

Published 14 Jun, 2023 03:27pm

Markets

ECC approves fixing maximum price of 49 new drugs

Also gives approval for issuance of government of Pakistan guarantee amounting to Rs9.5bn for the project construction of Hyderabad-Sukkur motorway on build-operate-transfer basis

Published 05 Jun, 2023 08:26pm

Markets

ECC approves SNGPL-based fertilizer plants to operate beyond May 31 on indigenous gas

Fatima Fertilizer (Sheikhupura) and Agritech to operate till August 31 with no govt subsidy requirement

Published 24 May, 2023 05:19pm

Pakistan

Roosevelt Hotel: ECC approves execution of settlement agreement

Agreement with the Hotel Union and the New York City Government (NYCG) will seek utilisation of the Roosevelt Hotel over a period of three years for immigrant housing business

Updated 10 May, 2023 05:36pm

ECC greenlights supply of indigenous gas to fertilizer sector

Pakistan

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 19	283.73
USD PKR Interbank Buying / Jun 19	283.53
USD to Japanese Yen / Jun 19	145.26
USD to Swiss Franc / Jun 19	0.82
Pound Sterling to USD / Jun 19	1.34
Euro to USD / Jun 19	1.15
UK LIBOR % / Jun 18	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 19	81,415.69
Tokyo Nikkei / Jun 19	38,488.34
Hang Seng / Jun 19	23,203.65
FTSE 100 / Jun 19	8,808.78
Germany DAX 30 / Jun 19	23,175.77
France CAC40 / Jun 19	7,594.91

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 18	16,785
Gold 10 Grams PKR / Jun 18	307,831
Crude Oil USD/Barrel / Jun 19	75.58
Gold Spot USD/Ounce / Jun 19	3,356.54
Cotton US¢/pound / Jun 19	66.67
Petrol/Litre / Jun 20	258.43
Diesel/Litre / Jun 20	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 19 Askari Life Assurance Company Limited(ALAC)	7.40 ▲ 1 (15.63%)
Ghazi Fabrics / Jun 19 Ghazi Fabrics International Limited(GFIL)	10.07 ▲ 1 (11.03%)
Equity Modaraba / Jun 19 First Equity Modaraba(FEM)	3.60 ▲ 0.34 (10.43%)
Tri-Star Mutual / Jun 19 Tri-Star Mutual Fund Limited(TSMF)	8.70 ▲ 0.8 (10.13%)
Crescent Textile / Jun 19 The Crescent Textile Mills Limited(CRTM)	20.85 ▲ 1.9 (10.03%)
Service Textile / Jun 19 Service Industries Textiles Limited(SERT)	21.64 ▲ 1.97 (10.02%)
Zahid Jee Textile / Jun 19 Zahidjee Textile Mills Limited(ZAHID)	39.69 ▲ 3.61 (10.01%)
National Silk / Jun 19 The National Silk & Rayon Mills Limited(NSRM)	48.58 ▲ 4.42 (10.01%)
Karam Ceramics / Jun 19 Karam Ceramics Limited(KCL)	56.73 ▲ 5.16 (10.01%)
Int. Knit. / Jun 19 International Knitwear Limited(INKL)	22.41 ▲ 2.04 (10.01%)

Stock	Price
Unicap Modaraba / Jun 19 Unicap Modaraba(UCAPM)	3.07 ▼ -0.42 (-12.03%)
Shadab Textile / Jun 19 Shadab Textile Mills Limited(SHDT)	75.89 ▼ -8.43 (-10%)
Pak Synthetics / Jun 19 Pakistan Synthetics Limited(PSYL)	60.78 ▼ -6.75 (-10%)
Pakgen Power / Jun 19 Pakgen Power Limited(PKGP)	192.29 ▼ -21.36 (-10%)
Shadman Cotton / Jun 19 Shadman Cotton Mills Limited(SHCM)	55.87 ▼ -6.21 (-10%)
Gillette Pak / Jun 19 Gillette Pakistan Limited(GLPL)	224.55 ▼ -24.95 (-10%)
ECOPACK Ltd / Jun 19 Ecopack Limited(ECOP)	66.42 ▼ -7.38 (-10%)
PIA Holding Co.B / Jun 19 PIA Holding Company Limited B(PIAHCLB)	12,393.10 ▼ -1377.05 (-10%)
Sardar Chemical / Jun 19 Sardar Chemical Industries Limited(SARC)	62.45 ▼ -6.94 (-10%)
Merit Packaging / Jun 19 Merit Packaging Limited(MERIT)	14.77 ▼ -1.64 (-9.99%)

Stock	Volume
WorldCall Telecom / Jun 19 Worldcall Telecom Limited(WTL)	64,599,560 ▼ -0.01
Sui South Gas / Jun 19 Sui Southern Gas Company Limited(SSGC)	35,602,100 ▼ -1.18
First Prudential Mod. / Jun 19 First Prudential Modaraba(PMI)	30,281,434 ▼ -0.39
Pervez Ahmed Consultancy / Jun 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,166,746 ▼ -0.05
K-Electric Ltd. / Jun 19 K-Electric Limited(KEL)	21,008,163 ▼ -0.17
PIA Holding Co.Ltd / Jun 19 PIA Holding Company Limited(PIAHCLA)	19,362,254 ▼ -0.81
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	18,857,349 ▲ 0.54
TPL Properties / Jun 19 TPL Properties Limited(TPLP)	16,119,235 ▼ -0.3
Ist.Capital Sec / Jun 19 First Capital Securities Corporation(FCSC)	14,394,194 ▼ -0.16
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	14,359,754 ▲ 0.33

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Economic Coordination Committee

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