Health
Govt rejects price hike of 262 medicines
Thus, the ECC has rejected the summary of increase in retail prices of 262 medicines.
![Govt rejects price hike of 262 medicines](/media/87104/conversions/240907098b6dbfd-1280x720.webp)
Islamabad: The Economic Coordination Committee (ECC) rejected the summary of hike in retail prices of 262 medicines.
A meeting of the ECC was held under the chairmanship of Caretaker Federal Finance Minister Dr. Shamshad Akhtar in which the committee allowed the import of urea fertilizer for Rabi season 2023.
In the meeting, the summary of cash credit for Sindh and Punjab from July to September 2023 was reviewed, ECC approved Rs540 billion for Punjab and Rs214 billion for Sindh.
Thus, the ECC has rejected the summary of increase in retail prices of 262 medicines.
The ECC meeting decided to give marginal policy pricing incentives for oil and gas exploration in Jhal Magsi and Balochistan, while supply of gas to Fatimafart and Agritech was considered to meet the requirement of urea.
Moreover, the Committee directed Regasified Liquefied Natural Gas (RLNG) to operate the two plants on the basis of Oil and Gas Regulatory Authority’s (OGRA) notified rate and allowed Sui Northern Gas Pipelines Limited (SNGPL) to collect the differential amount through OGRA's fixed revenue requirement.
-
Pakistan 2 days ago
Nawaz, Zardari standing on wrong side of history: Fawad
-
Pakistan 2 days ago
Cabinet defers decision to ban PTI, invoke Article 6 against Imran and Alvi
-
Pakistan 2 days ago
Nearly 50,000 Pakistani pilgrims go missing in Iraq: Minister
-
Business 13 hours ago
Gold price up by Rs1,000 per tola in Pakistan
-
Crime 18 hours ago
Five killed, three wounded in Karachi’s DHA firing
-
Weather 2 days ago
Rain likely at isolated places; humid weather to continue: PMD
-
Regional 2 days ago
Rana Sanaullah lauds UNESCO's role in sports education
-
Pakistan 2 days ago
Free Meal Program to start at Islamabad schools from August 5