Pakistan

'Urea price stability': ECC approves maximum gas supply to fertilizer units

Islamabad: The Economic Coordination Committee (ECC) of the Cabinet Monday approved a summary for the provision of maximum quantity of gas to Pak-Arab Fertilizer Plant and Fauji Fertlizer Bin Qasim Limited (FFBQL) to help stabilize urea prices.

Published

1 week ago

Oct 11, 2021 11:54 PM

Faisal Ali Ghumman

'Urea price stability': ECC approves maximum gas supply to fertilizer units

GNN Media: Representational Photo

Federal Minister for Finance and Revenue, Shaukat Tarin chaired the meeting, according to press statement issued by the finance ministry.

The statement said the cabinet committee, on summary of Ministry of Industries and Production to review demand for urea fertilizer during the Rabi season 2021-22, approved 58MMCFD for Pak-Arab and 63MMCFD for FFBQL to ensure that estimated demand for urea fertilizer is met through domestic production.

The said decision would stabilize prices of urea fertilizer and ensure its smooth supply throughout the country during Rabi season 2021-22, the statement added.

The ECC also approved a summary presented by the Ministry of Information Technology and Telecommunication regarding allocation of Rs2 billion as a single line budget for Pakistan Software Export Board (PSEB), an apex government body, mandated to strengthen and promote the IT sector exports of Pakistan.

Moreover, the ECC also approved the allocation of Rs4 billion to PSEB for disbursement of cash reward incentive in order to incentivize IT exports and to encourage documentation of exporters/exports.

The cash reward incentive would be provided for the IT and IT-enabled services exporters promoting export proceeds through banking channels via SBP allocated banking codes.

Ministry of Commerce presented a Textile and Apparel Policy, FY 2020-25, on which ECC constituted a sub-committee comprising of representatives of Ministry of Commerce, Finance Division, Ministry of Industries and Production, Power and Petroleum Divisions, FBR and State Bank of Pakistan to review and present an updated policy before ECC in a couple of weeks.

Among others, the meeting was attended by Federal Minister for Industries and Production, Khusro Bakhtiar; Federal Minister for Energy, Hammad Azhar; Federal Minister for Railways, Azam Khan Swati; Minister of State for Information, Farrukh Habib; Advisor to Prime Minister on Commerce, Abdul Razak Dawood; federal secretaries and other senior officers.

SOURCE: APP

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Faisal Ali Ghumman

Faisal Ali Ghumman is a senior editor at GNN, known for writing top quality content which garner very high readerships and has been covering every field of journalism, including politics, media, sports and scholarly articles. Faisal Ali Ghumman is nothing less than a Veteran Editor and has been writing for GNN for the past 4 months.

Entertainment

Marvel’s Eternals soundtrack to feature ‘Friends’ by BTS

The full soundtrack from the upcoming Marvel film Eternals was recently unveiled.

Published

3 days ago

Oct 18, 2021 04:00 PM

Mehak Javed

Marvel’s Eternals soundtrack to feature ‘Friends’ by BTS

Seoul: Friends, a song produced by BTS’ Jimin and V is reportedly being featured in the latest installment of Marvel Film "The Eternals" directed by Chloe Zhao. The song was produced by band member Jimin.

The full soundtrack from the upcoming Marvel film Eternals was recently unveiled. Apparently, the information came from a document that Disney released.

The news got confirmed when Marvel News shared a list of songs included in the soundtrack for Eternals.

A Chloe Zhao misturou Lizzo, Pink Floyd e BTS!!!

Confira a lista de músicas presentes em #Eternals: pic.twitter.com/z2gI9xZZtQ
— Marvel News (@BRMarvelNews) October 16, 2021

Beside Friends, the included songs are Celine Sharma’s Nach Mera Hero, Juice by Lizzo, and Time by Pink Floyd.

Fans became excited and took it to Twitter as 'PRODUCER JIMIN,' and 'VMIN' started to take over internet trends in multiple countries.

Written by Matthew and Ryan Firpo, Eternals has a huge ensemble cast— featuring Richard Madden, Gemma Chan, Kumail Nanjiani and others.

The upcoming film is confirmed to be set partially in the past and in the future.

The Marvel franchise is set to hit cinemas on November 5, 2021.

Pakistan

17 more succumb to COVID-19 in Pakistan, toll at 28,269

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

Published

4 days ago

Oct 17, 2021 08:41 AM

Mehak Javed

17 more succumb to COVID-19 in Pakistan, toll at 28,269

Islamabad: The novel coronavirus claimed 17 more lives in Pakistan during the previous 24 hours, raising the death toll to 28,269.

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

According to National Command and Operations Center (NCOC), around 720 cases of coronavirus were reported while 17 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,269.

The total number of cases has reached 1,262,771.

As many as 1,194,590 patients have recovered from the disease with 1,958 critical cases.

Punjab

The number of patients swelled to 437,316 in the province with 12,821 causalities.

Sindh

The number of infections has surged to 464,746 in the province, while the death toll has reached 7,520.

Khyber Pakhtunkhwa

The confirmed cases have surged to 176,501 in the province with 5,673 casualties.

Balochistan

There are 33,108 confirmed cases while 352 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,380 coronavirus cases in the AJK while the death toll has reached 740. On the other hand, there are 10,363 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,357 cases in the capital city while 936 people have lost their lives.

Pakistan

34 more succumb to COVID-19 in Pakistan; 1,656 new cases emerge

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves. Today, the daily positivity rate in-country is at 3.26%.

Published

2 weeks ago

Oct 03, 2021 08:39 AM

Mehak Javed

34 more succumb to COVID-19 in Pakistan; 1,656 new cases emerge

Islamabad: Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves. Today, the daily positivity rate in-country is at 3.26%.

According to National Command and Operations Center (NCOC), around 1,656 cases of coronavirus were reported while 35 people succumbed to the disease in the last 24 hours, taking the total death toll to 27,785.

The total number of cases has reached 1,249,858.

As many as 1,175,489 patients have recovered from the disease with 3,444 critical cases.

Punjab

The number of patients swelled to 432,809 in the province with 12,672 causalities.

Sindh

The number of infections has surged to 459,392 in the province, while the death toll has reached 7,425.

Khyber Pakhtunkhwa

The confirmed cases have surged to 174,490 in the province with 5,571 casualties.

Balochistan

There are 32,956 confirmed cases while 349 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,216 coronavirus cases in the AJK while the death toll has reached 738. On the other hand, there are 10,331 cases in GB with 184 coronavirus deaths.

Islamabad

There are 105,664 cases in the capital city while 927 people have lost their lives.