ECC Takes Steps to Stabilize Wheat Market and Boost Public Services

ECC Takes Steps to Stabilize Wheat Market and Boost Public Services

ISLAMABAD (AIA) The Economic Coordination Committee (ECC) has approved the disposal of 500,000 metric tons of PASSCO wheat stock through competitive bidding to manage surplus stocks and ensure price stability in the domestic wheat market.
The ECC also approved the provision of 300,000 metric tons of PASSCO wheat to Punjab’s Food and Consumer Protection Department to maintain adequate wheat supplies for flour mills and stabilize prices.
Additionally, the committee approved funds to clear outstanding liabilities of utility companies against the Pakistan Post Office Department and allocated Rs 29.663 billion for the Federal Directorate of Immunization to ensure uninterrupted procurement of vaccines and syringes.
The ECC further approved a subsidy on imported urea, with the federal and provincial governments sharing the cost on a 50:50 basis.

About author