ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet will meet on Monday (today) to discuss the market price of the imported urea, ARY News reported.
The committee will meet at 3:00PM with Federal Minister for Finance Asad Umar in chair.
The ECC will fix the price of imported urea in the meeting. According to sources, the economic body will likely to approve Rs50 per bag subsidy in the urea price.
The meeting will also discuss the availability of urea, its demand and the prospects of future imports.
The market price of imported urea is presently Rs1730 per bag.
The ECC had in September allowed import of urea to the tune of 100,000 tons and also decided to restore gas supply to two closed fertilizer plants to increase the urea production.
The meeting will also discuss the prices of commodities and the economic indicators of the country.
The post Asad Umar to chair ECC meeting today appeared first on ARYNEWS.
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