Business

ISLAMABAD – The Economic Coordination Committee (ECC) which met in Islamabad on Wednesday with Finance Minister Asad Umer in the chair decided to fix support price of wheat at Rs1300 per 40-kilogram.

The committee directed to immediately import fifty thousand tons of urea fertilizer.

It also allowed the supply of gas to the Fatima Fertilizer and Agri Tech Fertilizer.

The committee deferred the release of circular debt to the Pakistan State Oil (PSO).

The committee directed to pay the salaries of employees of Pakistan Steel Mills for the month of September 2018. It also directed to release the stuck up four month’s pension of the widows of retired employees of the Steel Mills.

The ECC asked the ministry of production to put up a proposal to resolve the Steel Mills issue on a permanent basis.