ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin chairing a meeting of the Economic Coordination Committee of the cabinet on Wednesday.—PPI
ISLAMABAD: In his maiden meeting of the Economic Coordination Committee (ECC) of the cabinet, Finance Minister Shaukat Tarin deferred taking a decision on two crucial agenda items — payments to independent power producers (IPPs) and how to go ahead with subsidy on LNG supplies to export industries.
Presiding over the ECC meeting, the newly inducted finance minister constituted two smaller groups on both subjects to have focused discussions.
A cabinet member said Mr Tarin appeared to have certain reservations over handling of the IPPs, but noted that the deals had already been finalised.