Adviser to Priem Minister on Finance Dr Abdul Hafeez Shaikh will preside meeting of Economic Coordination Committee (ECC), for the first time, of the Cabinet on Friday (today).
It is pertinent to mention here that after the resignation of former finance minister Asad Umar, for the first time, Hafeez Shaikh would preside over the ECC meeting.
During the ECC session, an 18-point agenda will be discussed. The issue of hike in prices of petroleum products would be one of the key points of the agenda. The ECC will decide the extent of hike in petroleum prices.
It was reported that a comprehensive new plan for Pakistan Steel Mills
and a summery for appointment of an advisory consortium for the mill would be tabled in the meeting for consideration.
It also said that a summary of Rs 54 crore supplementary grant for National Savings Organizations would be presented the summary of supplementary grant for Oubjab Rangers would also be tabled ib the meeting.
On April 16, Prime Minister Imran Khan had reconstituted the Economic Coordination Committee (ECC) and appointed his Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh
as its new chairman.