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Heavy agenda awaits ECC meeting on 16th - Newspaper

A view of the Economic Coordination Committee (ECC) meeting on Nov 16. PID/File ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet, expected to meet on Wednesday, would be taking up a heavy agenda, including $200 million rupee-linked offshore bonds, revised markup rates on federal loans for provinces and public sector entities, the Rs739 billion Karachi Transformation Plan (KTP) and the first phase of the rationalisation plan for federal subsidies. Informed sources told Dawn that newly appointed Finance Minister Dr Hafeez Shaikh had been assured by the prime minister at a weekend meeting that the Revenue Division would be restored to his portfolio. As a result, the twice postponed ECC meeting was being fixed for Wednesday (Dec 16).

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