Economic Coordination Committee Archives

New gas tariff to be effective from Nov 1; Petroleum Division clarifies

Maryam Aziz1 year ago1 year ago01 mins

Islamabad, November 01 , 2023 : The Petroleum Division (PD) of the Energy Ministry on Wednesday rejected a news item appearing in a section of media about the effectiveness of the new gas tariff from back date, clarifying that the revised prices would be applicable from November 1, 2023. “Reports in some newspapers claiming that…

IMF condition: ECC okays massive gas tariff hike

Maryam Aziz1 year ago1 year ago02 mins

Islamabad, October 23, 2023: In order to met another condition of International Monetary Fund (IMF), the Economic Coordination Committee (ECC) in its meeting today (Monday) approved a massive hike in gas tariff, including a zero hike in the gas circular debt for the ongoing financial year 2023-24. The Caretaker Federal Minister for Finance, Revenue, and…