PID

PR No. 111 FINANCE MINISTER CHAIRS MEETING OF ECONOMIC COORDINATION COMMITTEE (ECC) OF THE CABINET Islamabad: November 20, 2018

The meeting of Economic Coordination Committee of the Cabinet (ECC) was held here on Tuesday. Finance Minister Asad Umar Chaired the meeting. ECC discussed the proposal submitted by the Ministry of National Food Security & Research regarding export of surplus wheat/products as requested by Provincial Governments of Punjab and Sindh and PASSCO. The Committee granted approval for export of 0.5 million tons of wheat by PASSCO and both provincial governments. It was decided that any financial support for freight etc. requested for the purpose will be provided by the respective provincial governments. Federal Government will pick up such costs in the case of PASSCO only. Further, a committee comprising senior officials from Commerce, Finance and Food Security will review the situation in two week’s time and make recommendation for further exports, if required. *-*-*-*

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GOVERNMENT OF PAKISTAN PRESS INFORMATION DEPARTMENT

GOVERNMENT OF PAKISTAN

PRESS INFORMATION DEPARTMENT

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