Pakistan Approves Rs75 Billion Fuel Subsidy Scheme as Government Moves to Shield Small Vehicle Owners From Rising Costs
Economic Coordination Committee has approved Rs75 billion for a targeted petrol subsidy covering two-wheelers, three-wheelers and vehicles up to 800cc, with digital distribution planned through the Fuel Pass System.
ECC Approves Brownfield Refinery Upgrade Agreements and Rs75 Billion Fuel Relief Grant
Pakistan’s Economic Coordination Committee approves brownfield refinery upgrade agreements, Rs75 billion for the Fuel Relief Scheme and other measures covering shipping, sugar exports and OMC tax claims.
ECC Approves Rs6.6 Billion for Bullet Proof Vehicles Ahead of SCO Summit
Economic Coordination Committee approves Rs6.6 billion technical supplementary grant for 30 bullet proof vehicles ahead of the SCO Summit Pakistan will host in September 2027.
ECC Approves Wheat Disposal, Petroleum Imports and Key Economic Measures
ECC approves PASSCO wheat disposal, petroleum imports through bonded storage, an OQ Trading-PSO agreement, K-IV funding and Reko Diq security support.
Govt Raises Petroleum Dealers’ Margin by Rs1.34 Per Litre to Rs9.98
The ECC has approved a Rs1.34 per litre increase in petroleum dealers’ margin, raising it from Rs8.64 to Rs9.98 for motor spirit and high-speed diesel.
NA Committee to Summon Finance Secretary, SBP Governor Over Rs342.947 Billion TCP Dues
National Assembly Standing Committee on Commerce will summon the Finance Secretary and SBP Governor over Rs342.947 billion in outstanding TCP receivables, including Rs265.719 billion in accumulated markup
Power Division Asked to Provide Payment Plan for Mounting SNGPL Receivables
Petroleum Division has sought a workable payment plan from Power Division for SNGPL’s outstanding indigenous gas and RLNG dues, with timelines for settlement.
Pakistan Revamps Electric Bike Subsidy Scheme as Banks Approve Only 9 Percent of Applications
The federal government modifies the PAVE program to bypass banking hurdles after commercial banks approve only 4,075 electric bike applications against high demand.
ECC Approves Transfer of 100 Billion Rupees to Prime Minister’s Austerity Fund 2026
The Economic Coordination Committee directs ministries to surrender development funds to offset petroleum price shifts amid regional tensions.