Trends - Economic Coordination Committee

Economic Coordination Committee

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

Pakistan

ECC greenlights supply of indigenous gas to fertilizer sector

The Economic Coordination Committee (ECC) on Wednesday approved the supply of indigenous gas to fertilizer plants to...

Updated 15 Mar, 2023 09:51pm

High-speed diesel on a fortnightly basis: ECC decides to revise premium mechanism for import

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to revise the premium mechanism for...

Updated 26 Mar, 2022 10:45am

SAPM explains China’s approach to 2nd phase of CPEC

ISLAMABAD: Special Assistant to the Prime Minister on CPEC Affairs, Khalid Mansoor said that China has given the...

Updated 08 Feb, 2022 09:29am

ECC to meet today

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet will meet today (Wednesday) to take up 15-point...

Updated 19 Jan, 2022 01:40pm

Ehsaas Targeted Commodity Subsidy Programme: Rs106.102bn approved by ECC

ISLAMABAD: A special meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs106.102...

Updated 18 Dec, 2021 09:30am

Tarin to become adviser to PM?

ISLAMABAD: Finance Minister Shaukat Tarin is likely to be appointed as Adviser to Prime Minister on Finance on...

Updated 12 Oct, 2021 09:41am

Urea fertilizer plants: Ministry reluctant to supply LNG

ISLAMABAD: Ministry of Energy (Petroleum Division) is reportedly reluctant to supply LNG to two urea fertilizer...

Updated 12 Oct, 2021 09:53am

FBR asked to resolve 4pc WHT issue of IPPs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Federal Board of Revenue (FBR) to...

Updated 11 Oct, 2021 09:24am

Up to December: ECC finalises 280,000 MTs of wheat requirement for USC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has finalised 280,000 metric tonnes wheat...

Updated 08 Oct, 2021 09:17am

CPPA-G payables: PD urges ECC to adjust pending tariff claims of KE

ISLAMABAD: Power Division (PD) is said to have proposed to Economic Coordination Committee (ECC) of the Cabinet to...

Updated 29 Sep, 2021 10:00am

Hasty summaries of ministries irk cabinet division

ISLAMABAD: The Cabinet Division is said to have expressed serious concern on submission of summaries by the...

Published 03 Sep, 2021 03:08am

Export-oriented sectors: ECC approves continuation of gas, power subsidy

Move aimed at reducing cost of manufacturing and supporting the momentum of growth in exports

Updated 17 Aug, 2021 09:48am

ECC approves ‘remittance loyalty’ plan

Programme of around Rs14 billion will provide incentives to overseas Pakistanis to encourage them to send home more remittances through formal channels
Purpose is to help govt deal with expected increase in current account deficit

Updated 12 Aug, 2021 09:32am

New policy for relending of foreign loans unveiled

ISLAMABAD: Relending to borrowers including provincial governments, federal and provincial entities, departments,...

Updated 12 Aug, 2021 09:35am

Wheat import exempted from PPRA rules

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has exempted import of 0.4 Million Metric Tons (MMT) ...

Published 30 Jul, 2021 04:31am

Unutilised Stimulus Package amount: Rs352bn to be used on vaccine procurement

ECC meeting told that funds were allocated under the Economic Stimulus Package for the entire duration of the Covid-19 pandemic, irrespective of the financial year

Updated 29 Jul, 2021 09:12am

Power Division finalises new draft PPA with KE along with disputes

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 7	278.25
USD PKR Interbank Buying / Jun 7	278.05
USD to Japanese Yen / Jun 7	155.68
USD to Swiss Franc / Jun 7	0.89
Pound Sterling to USD / Jun 7	1.28
Euro to USD / Jun 7	1.09

Stock	Volume
S&P 500 / Jun 6	5352.96
Nasdaq / Jun 6	17173.12
Dow Jones / Jun 6	38886.17
India Sensex / Jun 7	75946.91
Tokyo Nikkei / Jun 7	38621.49
Hang Seng / Jun 7	18347.09
FTSE 100 / Jun 7	8256.87
Germany DAX 30 / Jun 7	18571.03

Item	Value
Crude Oil USD/Barrel / Jun 7	75.78
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Gold 10 Grams PKR / Jun 7	208333
Gold Spot USD/Ounce / Jun 7	2380.23
Cotton US¢/pound / Jun 7	73.60
Petrol/Litre / Jun 8	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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