Gas prices discussed as Economic Coordination Committee (ECC) delayed increase in gas prices in Pakistan on Monday (today).
ECC further postponed increase in gas prices in Pakistan. The meeting held in Islamabad about gas prices, energy crisis and other related issues. PTI leader and Finance Minister Asad Umar chaired the ECC meeting.
The members decided against increase in gas prices in Pakistan and left decision on Prime Minister (PM) Imran Khan. ECC members took the decision about the change in gas prices. According to sources, gas companies already demanded the 100% rise in gas prices. However, the final decision in this regard will be taken by PM Imran Khan.
The decision about local output of fertilizer along with import quantities is also discussed.
Prior on Wednesday, the ECC was educated that the nation’s round obligation remained at Rs596 billion, after an expansion of Rs30 billion in July.
Another Rs582 billion was stopped with the Power Holding Company under the STFF game plans, subsequently conveying the aggregate current risk to Rs1,188 billion, the Ministry of Energy, Power Division told the ECC in its point by point introduction in light of information ordered up to July 31, 2018.
The fund serve said that every one of the certainties would be settled on open to settle on basic leadership a straightforward and comprehensive exercise. He likewise communicated dismay over the issue of manure estimating and its fare, by the past government, which was absolutely against the interests of agriculturist network.
In addition, the rundown for Pakistan State Oil’s money related wellbeing and liquidity position was conceded as the issue was firmly connected with roundabout obligation.