ECC allows award of tender for import of 550,000 MT Wheat

Staff Report

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Thursday approved the summary presented by the ministry of national food security and research regarding the award of the fifth international wheat tender to import 550,000 MT (after matching process) of wheat for the FY 2021-22.
Minister for Finance and Revenue, Shaukat Tarin, presided over the meeting of ECC here.
The ECC also approved the summary presented by the Ministry of Interior for Technical Supplementary Grant amounting to Rs 83.3 million for procuring services from NADRA regarding the project for automation of Power of Attorney (POA) for Overseas Pakistanis.
The ECC accorded approval with the direction that the ministry of foreign affairs and the Interior ministry might hold a joint consultative session to work out modalities in that regard.
Ministry of Industries and Production tabled a summary before ECC regarding the continuation of the Prime Minister’s relief package-2020 for the provision of five essential items on subsidized rates which is scheduled to expire on 30th September 2021.
The ECC granted an extension for one month with a direction to present a detailed summary before ECC, keeping in view, international price hike in essential food commodities.
On a summary moved by the Power Division regarding quarterly tariff adjustments of K-Electric, the ECC decided that the Power Division may approach NEPRA to review its earlier decision on the issue and present an updated summary before ECC for consideration.
Power Division tabled another summary regarding levy of Sales Tax on subsidy granted by Federal Government to DISCOs.