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ECC approves sale price of urea, import of salter scales

UREA FEATURED

ISLAMABAD: The Economic Coordination Committee (ECC) has  approved the sale of imported urea available at the National Fertilizer Marketing Limited (NFML) at Rs.1310 per 50 kg bag.

This was decided in a meeting chaired by Finance Minister Ishaq Dar, which also granted exemption from tax and duties for import of machinery and equipment and other construction materials to the National Highway Authority (NHA) for infrastructure projects under China Pakistan Economic Corridor (CPEC).

The committee approved the exemption from customs duty and sales tax on the import of Salter scales for Lady Health Workers program. The UNICEF  has provided a grant of $1.3 million to purchase around 38,000 Scales and other equipment to help children affected by stunting, which can be addressed with growth monitoring and nutritional advice during the first three years of a child.

As a step towards cleaner environment and better engine hygiene, the committee allowed the introduction of 92 Research Octane Number (RON) premium motor gasoline (petrol) in Pakistan.

The country is currently using 87 RON premium which is almost abandoned by the world. The will be approved from the next cycle of PSO tender in this year. The new cleaner and efficient fuel will have lower emissions. The price will be monitored by OGRA.

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