The Economic Coordination Committee of the Cabinet (ECC) has deferred a decision on providing subsidy to the country s poor on five essential items. The ECC met under Federal Minister for Economic Affairs Omar Ayub on Wednesday and approved a summary for increasing the margins of oil marketing companies and dealers. It also approved the summary presented by Ministry of National Food Security & Research to purchase 175,000 tonnes of imported wheat by the World Food Programme (WFP) from PASSCO’s stock for Pakistan and Afghanistan. However, the ECC deferred decision on the Ministry of Industries’ demand for a Rs5.54 billion subsidy for November 2021 to December 2021 on five es.
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