ECC approves bimonthly change in fuel prices

ECC approves bimonthly change in fuel prices
Islamabad: The Economic Coordination Committee (ECC) on Tuesday approved a proposal to change prices of petroleum products every 15 days, GNN reported.

The decision was taken in a meeting of the ECC with Advisor to Prime Minister on Finance Abdul Hafeez Sheikh in chair.

The meeting reviewed the procedure for fixing prices of petroleum products, sources said

The meeting also considered the prices of petroleum products for the coming month, they said.

The decision will be implemented from August 15 after an approval of the federal cabinet. 

The ECC also approved the import of 300,000 metric tonnes of sugar, sources said, adding that the commodity will be imported through TCP.