ISLAMABAD: The Economic Coordination Committee (ECC) has okayed amendments in the Import Policy Order 2022, allowing imports of wood by March 31 – 2023.
In other decisions during ECC’s session held under the chair of Finance Minister Ishaq Dar, a grant worth Rs330 million was approved for the Frontier Constabulary.
The ECC approved imports of 800,000 metric tonnes of wheat through TCP while the import will be processed under a state-level bilateral agreement.
The auction rate for 120,000 tonnes of wheat import from the private sector was also approved. The auction rate for wheat import was fixed at $373 per metric tonne.
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It has been decided to provide wheat to the provinces from PASSCO reserves.
Moreover, it was decided to import 300,000 tonnes of fertilizer at the price of $520 per metric tonne.
