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    • HOME
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      Pakistan condoles martyrdom of 12 Turkish soldiers in methane gas poison

      Pakistan condoles martyrdom of 12 Turkish soldiers in methane gas poison

      Pakistan urges UNSC to stop Israeli aggression against Iran

      Terrorism inflating from Afghanistan serious threat to neighbours, Pakistan warns UN

      24 dead in Texas flash flooding, two dozen campers missing

      24 dead in Texas flash flooding, two dozen campers missing

      Hamas releases two women hostages after Egyptian-Qatari diplomacy

      Hamas agree to respond ceasefire proposal in ‘a positive spirit’

      Hamas says body of captive Shiri Bibas “mistakenly mixed” with others

      Hamas seeks ceasefire guarantees as Israel intensifies attacks in Gaza

      Uttar Pradesh Police book nearly 2,000 people for offering namaz on road

      Indian Govt imposes limitations on loudspeakers in Mumbai’s mosques

      India’s government faces no-confidence vote over ethnic clashes

      After SCO Quadrilateral Security Dialogue countries reject Indian allegation over Pakistan in Pehlgam attack

      Donald Trump elected US president in historic comeback

      Trump says Israel agrees to conditional ceasefire in Gaza, Trump

      Hamas attack kills 100 Israelis, Tel Aviv’s air strikes martyr more than 200 Palestinians

      Israel killed 95 Palestinians after bombing on aid sites, cafe, school in Gaza

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      Hancock urges Johnson to back Sunak to lead the country

      Former UK PM Rishi Sunak rejoins Goldman Sachs as adviser

      Azerbaijan’s President arrives Islamabad on PM Shehbaz’s invitation

      Pakistan, Azerbaijan agree to enhance cooperation in trade, investment

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      NEPRA notifies increase in power tariff for Karachiites

      NEPRA approves Rs1.15/unit cut in domestic electricity tariff

      Govt plans separate tax policy cell

      Rs3.5 trln tax collected from Karachi in FY24-25

      Petrol prices likely to increase up to Rs13 per litre

      Petrol prices likely to increase in Pakistan

      PM Shehbaz denounces Israeli aggression in Gaza, Lebanon and Iran

      PM welcomes Bloomberg report on Pakistan’s economic stability

      PPP breaks National Assembly quorum after controversy over resolution against canal project

      NA passes Rs 17.57tr budget 2025-26

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      Brad Pitt says he ‘made mistakes’ after Angelina Jolie divorce

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      Sean ‘Diddy’ Combs convicted on prostitution counts, but cleared of more serious charges

      Sean ‘Diddy’ Combs convicted on prostitution counts, but cleared of more serious charges

      US revokes Bob Vylan’s visas after Glastonbury chants

      US revokes Bob Vylan’s visas after Glastonbury chants

      Police found skin glow, anti-ageing drugs from Shefali Jariwala’s residence after her mysterious death

      Police found skin glow, anti-ageing drugs from Shefali Jariwala’s residence after her mysterious death

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      Dar allows continuing Sassta Atta initiative for KP

      Dar allows continuing Sasta Atta initiative for KP

      Web Desk by Web Desk
      in BUSINESS, FINANCE
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      Federal Finance Minister Ishaq Dar on Tuesday allowed the continuation of Prime Minister’s Relief Package (PMRA) and Sasta Atta Initiatives for Khyber Pakhtunkhwa (KP) through Utility Stores Corporation (USC) till June 30, 2023, and approved the release of funds for gas supply.

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      The meeting held by the Economic Coordination Committee (ECC) at Finance Division was attended by Federal Minister for Power Khurram Dastgir Khan, Minister of State for Finance and Revenue Aisha Ghaus Pasha, Minister of State for Petroleum Musadik Masood Malik, SAPM on Finance Tariq Bajwa, SAPM on Government Effectiveness Muhammad Jehanzeb Khan, Coordinator to PM on Commerce and Industry Rana Ihsan Afzal, Federal Secretaries, FBR Chairman and other senior officers.

      The committee approved the release of funds for Sui Southern Gas Company Limited (SSGC) for gas supply to Pakistan Steel Mills (PSM).

      The production of PSM has been stopped since 2015 and low flame gas of two million cubic feet per day (MMCFD) is being supplied to them just to preserve the coke oven batteries and refractory kilns, they shared.

      ECC considered a summary of the petroleum division on the continuation of subsidized RLNG supply to Fatimafert and Agritech Ltd and allowed operations of the plants on subsidized RLNG from October 2022 to December 2022.

      After deliberation, the ECC approved the continuation of PM’s Relief Package (PMRP) and Khyber Pakhtunkhwa Sasta Atta initiative from September 1 to November 15, 2022 on the existing model of untargeted subsidy at the prevailing rates and allocation of additional funds amounting to Rs4,908 million over and above the regular budgetary allocation through supplementary/technical supplementary grant to recoup the amount already spent by USC.

      In addition to that, the ECC approved Rs1.2million for sixteen month gas bills from the already approved budgetary allocation of Rs10 billion to PSM for the fiscal year 2022-23 and releasing of an amount of Rs298.248 million for the period from March to June 2022.

      ECC allowed operations of Fatimafert and Agritech ltd plants on subsidized RLNG from Oct 2022 to Dec 2022.

      ECC also approved technical supplementary grants from the Ministry of information and Broadcasting and the Ministry of Human Rights.

      The ECC also approved technical supplementary grants of Rs100 million in favor of the Ministry of Information and Broadcasting for the creation of Film and Drama Finance Fund for promotion and support of the film industry in Pakistan.

      Moreover, Rs9,767 million including FEC $12667 million was approved for the Ministry of Defence against various approved projects during CFY 2022-23. With that, Rs60.606 million to the National Commission for Human Rights (NCHR) has also been decided.

      The ECC deferred the summary presented by the Ministry of Energy, Petroleum Division on deregulation of superior kerosene oil/ light diesel oil and E-10.

      Tags: ishaq darKP

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      Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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