ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh will chair the Economic Coordination Committee (ECC) to discuss a four-point agenda today.
During the meeting, the cabinet will discuss the wheat price for the growers in the upcoming season which was recommended by concerned quarters at Rs 1,400 per 40 kilograms.
The cabinet will also discuss the ease of doing business and recommendations on the petroleum sector would also come under discussion during the meeting.
The cabinet will also review budget estimates for National Telecommunications Corporation.
Last month, the ECC of the federal government imposed a ban on export on onions till 30th May this year to keep the prices under control. Shaikh in this regard approved the public sector procurement of 8.25 million tons of wheat at Rs1365 per 40 kg bag for the coming season.
It was decided that if the need arises then 0.5 million tons will be imported around the year to cater to any shortages.
Read more: PM to discuss 11-point agenda in federal cabinet meeting tomorrow
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