ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved the maximum provision of gas to Pak Arab and Fauji Fertilizer Bin Qasim Limited to ensure to meet the demand for urea fertilizer through domestic production.
The ECC, which met in Islamabad with Finance Minister Shaukat Tarin in the chair, took this decision to stabilize prices of urea fertilizer and ensure its smooth supply throughout the country during Rabi season 2021-22.
The committee also granted approval to the allocation of two billion rupees for Pakistan Software Export Board to strengthen and promote the IT sector exports of Pakistan. Besides, it approved the allocation of four 4 billion rupees to PSEB for the disbursement of cash reward incentives to incentivize IT exports and to encourage documentation of exporters and exports.