No Result
View All Result
Sunday, June 1, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Gigi and Bella Hadid

    The Hadid sisters have a stepsister? Here’s what we know

    Alizeh Shah

    Alizeh Shah’s heartfelt Eid al-Adha message captivates fans online

    File Photo

    Saba Qamar speaks out against child marriage in UNICEF campaign

    Nadia Afgan

    Feroze Khan’s fans sent me death threats: Nadia Afghan

    Netflix

    Get ready to stream: Netflix’s June 2025 lineup is packed with hits

    Shakira

    Shakira falls on stage during high-energy Montreal concert

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Gigi and Bella Hadid

    The Hadid sisters have a stepsister? Here’s what we know

    Alizeh Shah

    Alizeh Shah’s heartfelt Eid al-Adha message captivates fans online

    File Photo

    Saba Qamar speaks out against child marriage in UNICEF campaign

    Nadia Afgan

    Feroze Khan’s fans sent me death threats: Nadia Afghan

    Netflix

    Get ready to stream: Netflix’s June 2025 lineup is packed with hits

    Shakira

    Shakira falls on stage during high-energy Montreal concert

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

ECC okays export of 250,000 tonnes of sugar

APP by APP
January 4, 2023

The Economic Coordination Committee (ECC) of the Cabinet has greenlighted the export of 250,000 tonnes of sugar with the condition that the Pakistan Sugar Mills Association (PSMA) ensures that the prices of sweetener would not exceed Rs85-90/kg in the domestic market.

The Federal Minister for Finance and Revenue, Senator Ishaq Dar presided over the ECC meeting on Tuesday. Those who attended the meeting include Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for National Food Security and Research Tariq Bashir Cheema, former PM Shahid Khaqan Abbasi, Minister of State for Petroleum Musadik Masood Malik, SAPM on Finance Tariq Bajwa, SAPM on Government Effectiveness Muhammad Jehanzeb Khan, Coordinator to PM on Commerce & Industry Rana Ihsan Afzal, federal secretaries and senior officers.

The Ministry of National Food Security and Research submitted a summary on the export of sugar during the year 2022-23 and presented the recommendations of the 4th meeting of the Sugar Advisory Board (SAB).

The ECC after detailed discussions on the recommendation of SAB, allowed 250,000 tons of sugar for export inclusive of the previously permitted 100,000 tons by the ECC, on a first-come-first-served basis. The ECC further decided that the total quantity of export may be distributed among provinces based on their installed crushing capacity, to be determined by PSMA.

Petroleum Division tabled a summary on liquidity requirement of the PSO for import of LNG and petroleum products into the country. It was submitted that PSO has been engaged in the import of LNG into the country to meet the deficit in gas demand and supply and is obliged to clear its financial obligations of supplier within stipulated period.

In order to enable the PSO to remain current in its payment obligations to LNG suppliers as well as to maintain LNG supply chain, the ECC allowed release of Rs10 billion budgeted subsidy to Petroleum Division and allowed the government guarantee against bank financing upto Rs50 billion.

The Ministry of National Health Services, Regulation and Coordination submitted a summary regarding transfer of amount to government of Afghanistan for functioning, maintenance, equipments and salaries of three Pakistani hospitals in Afghanistan.

The ECC after discussion, approved the revised mechanisms and modalities for transfer of funds to Afghanistan, as proposed by the Afghanistan Inter-Ministerial Coordination Cell (AICC) with the direction to attempt to release the amount in Pak rupees.

As per revised mechanism, the total amount already approved by the cabinet for salaries i.e. Rs1.009 billion would be transferred to Afghanistan in four tranches. These funds would be transferred through the ministry of foreign affairs and sent to Pakistan’s embassy in Kabul. The remaining three tranches would be transferred through banking channels to the embassy account opened for the purpose of disbursing salaries for doctors and other staff working in hospitals in Afghanistan constructed and operated by Pakistan.

ShareTweetSendShare
Previous Post

Trade deficit narrows to $17.13bn as imports dip

Next Post

Rana Sanaullah says efforts are being made to bring TTP on negotiation table

Related Stories

File photo
Uncategorized

Imran Khan announces nationwide anti-govt protest movement

May 31, 2025
File photo
Uncategorized

Saudi Arabia warns of severe heatwave during Hajj 2025

May 30, 2025
File photo
Uncategorized

Justice Muneeb Akhtar takes oath as acting CJP

May 30, 2025
Stray dogs. File photo
Uncategorized

Punjab govt bans stray dog killings

May 30, 2025
File photo
Uncategorized

GB trophy hunting revenue dips to Rs303 millions

May 29, 2025
File photo
Uncategorized

81,000 Pakistani Hajj pilgrims reach Saudi Arabia

May 29, 2025
File photo
Uncategorized

Punjab University hostels to remain closed during summer break

May 29, 2025
File photo
Uncategorized

Pakistan urges UNSC to act as Israel kills Palestinians

May 29, 2025
Uncategorized

Another minor boy dies after falling into open manhole

May 28, 2025
File photo
Uncategorized

CII rejects bill to ban marriages under 18

May 27, 2025
Next Post

Rana Sanaullah says efforts are being made to bring TTP on negotiation table

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

File photo
Prices

Petrol price hiked by Re1 per litre in Pakistan

by MM News Staff
May 31, 2025
File photo
Sports

Pakistan grabs eight gold medals at Asian Masters Weightlifting Championship

by MM News Staff
May 31, 2025
Online grab
Film & TV

Mahira Khan’s Pashto song from Love Guru goes viral on social media

by MM News Staff
May 31, 2025
File photo
Crime

Rs70 million BISP fraud uncovered in Dadu

by MM News Staff
May 31, 2025
Bakra Eid 2025

Punjab enforces section 144 ahead of Eidul Adha 2025

by MM News Staff
May 31, 2025

Opinion

munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Crimea at the Crossroads: Development, Identity, and Geopolitics
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Heatwave
Top News

Karachi braces for more heat as temperature remains high

by MM News Staff
May 31, 2025

The Meteorological Department has forecast that the intensity of heat in Karachi will persist...

file photo

Karachi temperature likely to hit 41°C today

May 30, 2025
Heavy Rain

Storm and heavy rains wreak havoc in Khyber Pakhtunkhwa, 5 dead

May 30, 2025
Heatwave. File photo

Temperature likely to cross 40°C in Karachi tomorrow: PMD

May 29, 2025
See all

Prices

File photo
Prices

Petrol price hiked by Re1 per litre in Pakistan

by MM News Staff
May 31, 2025

The federal government has increased the petrol price by Re1 for the next 15...

LGP prices have been slashed ahead of Ramadan. File photo

LPG prices announced for June 2025

May 31, 2025
representative image

Gold prices further drop in Pakistan

May 31, 2025
Foreign Currency

Foreign currency exchange rates in Pakistan, 31 May 2025

May 31, 2025
See all

Transport News

(Image: Dawn)
National

Karachi residents protest load-shedding; National Highway blocked

by MM News Staff
May 31, 2025

The public is protesting against unannounced load-shedding in various areas of Karachi. Due to...

file photo

Govt extends bid submission deadline for PIA privatization

May 27, 2025
File photo

Sindh launches crackdown on overcharging transporters ahead of Eid ul Adha

May 26, 2025
(Representational Image)

THESE ten countries likely to reject your Schengen visa application

May 25, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.