Pakistan's ECC changes electricity billing timeline and allocates funds for food safety and steel mills.

The Economic Coordination Committee (ECC) in Pakistan has approved changes to the electricity tariff system, shifting the annual rebasing timeline from July to January to avoid higher bills during summer. The committee also approved funds for various sectors, including Rs910 million for a new food safety authority and Rs935.78 million for Pakistan Steel Mills' salaries. Additionally, duties on iron and steel products were extended until March 31, 2025, and bank guarantees for Afghan Transit Trade were replaced with insurance guarantees.

2 months ago
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