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ECC Revises Eligibility Criteria for Special Incentive Package of Housing and Construction Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Naya Pakistan Housing and Development Authority (NAPHDA) Chairman presented revised eligibility criteria for selection of applicants, modalities for payment of cost subsidy, and mechanism for release of funds regarding the special incentive package for the Housing and Construction sector, announced by the Prime Minister in July 2020. After due del...

Ban on gas supply to general, export industry on the cards National January 13, 2021 ISLAMABAD: In an unexpected development, the Energy Ministry is all set to disconnect the imported and local gas supply to captive power plants meant for both export and non-export industry from February 1 on a permanent basis. And to this effect, top relevant officials of both the Petroleum and Power Divisions of the Energy Ministry have prepared a summary seeking moratorium on imported and local gas supply to industrial units for self generation of electricity from February 1 that is to be pitched in the ...

Cabinet questions performance of export sectors Members say no data available to confirm benefits to economy if incentives offered Pakistan needs to diversify exports by especially focusing on sectors like halal food, IT, pharmaceuticals, etc. PHOTO: REUTERS ISLAMABAD: Cabinet members have raised question over the performance of export-oriented sectors in terms of exports to the international market as there was no data available to verify benefits to the economy. The cabinet, in a recent meeting, took up the matter of registration of new units for getting incentives on account of electricit...

Plants and you had to announce that there might be more job losses there turbine plants on the company's power divisions could be shut down again how do you feel when you have to make announcements like that or you could norman. you've got to be honest and transparent and not beat about the bush when demand goes down by fifty sixty seventy percent you have to act. like you're being touted in the media as germany's first potential few meals even. at least that's what i read is that ambition pressure oh motivation for you garnish none of those i do my job which i enjoy and which is satisfying yo...