Export of1.5 MMT sugar allowed

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PM directs DISCOs for uninterrupted power supply

Islamabad

The Economic Coordination Committee of the Cabinet (ECC) in its meeting held here at the PM’s Office on Tuesday with Prime Minister Shahid Khaqan Abbasi in chair allowed the export of 1.5 million metric tons of sugar in view of the commodity’s surplus availability.
The ECC allowed the export of sugar while taking into account the recommendations of recent Council of Common Interests (CCI) meeting, a press release issued by the PM’s Media Office here said.
The ECC also permitted the procurement of goods and services as per the provisions of the Framework Arrangement and Export-Import Bank of Korea Guidelines.
In order to discourage fuel adulteration and tax evasion, the ECC allowed addition of Fuel Marker in Superior Kerosene Oil (SKO). The ECC also approved determination and notification of UCH-II Gas Price, as agreed under Gas Pricing Agreement (GPA) by Oil & Gas Regulatory Authority under the OGRA Ordinance, 2002.
The ECC accorded its approval for making necessary amendments in the ECC approved Supplemental Agreement to Implementation Agreement (SAIA) for China Pakistan Economic Corridor (CPEC) projects. The ECC also acceded to a proposal for levying of regulatory duty on import of Liquified Petroleum Gas (LPG). The step would help maintaining parity with the locally produced LPG.
The ECC also allowed disposal of 500,000 tons of surplus wheat of PASSCO through local sale.
Prime Minister Shahid Khaqan Abbasi on Tuesday directed all power distribution companies (DISCOs) to maintain and upgrade their distribution networks so that increase in production capacity in the sector is translated into uninterrupted power supply and convenience of the public.
Chairing a meeting on power and energy at Prime Minister’s Office, he directed for greater coordination among the officials of departments concerned so as to overcome issues related to power distribution. The prime minister was briefed about current power demand and supply situation in the country.
It was reiterated during the meeting that sufficient power and generation capacity was available in the system to meet current as well as projected demand for the coming months.
The Prime Minister was informed that power outage in some parts of the country during the last three days was not due to any shortage of power, but due to technical issues in the distribution system. —APP

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