Eco­nomic Coordination Com­mittee approves power reforms

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The Eco­nomic Coordination Com­mittee (ECC) of the Cabinet have approved an increase in gas prices by up to 191%. They have also allowed signing of an agreement with Saudi Arabia for the formal start of $270 million monthly oil imports on deferred payments. The meeting was presided over by the Finance Minister Dr Abdul Hafeez Shaikh.

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