ECC discusses proposal to increase wheat support price.

ISLAMABAD -- Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held at the Cabinet Division on Wednesday. During the meeting, the ECC discussed proposal to increase wheat support price to Rs 1400 per 40 kg and will convene a special session tomorrow afternoon to discuss a detailed plan to keep the flour prices at the lowest possible level throughout the year in view of any increase in support price and incidental charges for supply

of PASSCO procured wheat to provinces and allied issues related to procurement of wheat by provinces and the private sector. The ECC approved a proposal by Power Division for a special relief package of Rs 20 billion to further continue provision of subsidized electricity until June 2020 to five export oriented sectors. The ECC...

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