ECC approves duty & tax free import of cryogenic oxygen tanks

MG News | December 25, 2020 at 01:36 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 25, 2020: The Economic Coordination Committee of the Cabinet has approved duty and tax-free import of cryogenic oxygen tanks for better handling of COVID-19 situation.

Minister for Finance and Revenue Dr. Abdul Hafeez Sheikh chaired the meeting of the committee in Islamabad on Thursday.

The duty-free import of cryogenic tanks would ensure an uninterrupted supply of oxygen gas at competitive rates.

The meeting also approved the issuance of WAPDA's 500 million dollars Eurobonds to arrange to finance for Diamer Basha and Mohmand Dams in consultation with the Finance Division and the State Bank of Pakistan.

It approved amendments in the Master Plan for establishing 05 terminals including two LNG terminals, two multipurpose cargo terminals, and one integrated container terminal.

A technical supplementary grant of 4,189 million rupees for the execution of development schemes in Sindh and Balochistan was approved in the meeting.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,896.68 169.98M	0.67% 1091.66
ALLSHR	98,449.69 389.81M	0.63% 617.70
KSE30	48,687.46 89.94M	0.72% 346.80
KMI30	233,849.31 94.62M	0.50% 1168.71
KMIALLSHR	64,048.09 199.49M	0.59% 373.04
BKTi	44,347.06 28.49M	1.07% 471.40
OGTi	34,422.95 8.77M	1.31% 443.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,650.00	77,425.00 76,120.00	-245.00 -0.32%
BRENT CRUDE	110.26	111.58 109.01	-1.84 -1.64%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-7.25 -6.18%
ROTTERDAM COAL MONTHLY	111.50	111.50 111.50	0.90 0.81%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	103.16	104.71 102.12	-1.22 -1.17%
SUGAR #11 WORLD	14.94	15.05 14.69	0.21 1.43%