ISLAMABAD: Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh on Monday took notice of increase in prices of eggs and vegetable ghee and urged the provincial governments to strictly.
ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
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The ECC approved amendments in the Master Plan for establishing five terminals
ISLAMABAD (Dunya News) – The Economic Coordination Committee (ECC) of the Federal Cabinet Thursday approved the Ministry of Water Resources’ proposal in principle for the issuance of WAPDA’s debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams.
The ECC, which met with Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh in the chair, directed for working out modalities for the issuance of the bonds in consultation with the Finance Division and the State Bank of Pakistan (SBP), according to a Finance Ministry press release.
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December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country.
However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jo
National
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country. However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jobs
National
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country. However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jobs