Islamabad, May 31 (TNS): The farewell meeting of the Economic Coordination Committee approved tax exemptions and other incentives for the next five years for the people of erstwhile FATA and PATA after the landmark 31st Constitutional Amendment.
Prime Minister Shahid Khaqan Abbasi on Thursday chaired farewell meeting of the Economic Coordination Committee here on Thursday, says a press release issued by the Prime Minister Office.
The meeting also discussed the issue of revocation of Neelum Jhelum surcharge and decided that the surcharge would end on achieving Commercial Operation Date (CoD) of the project.
The ECC also approved relending terms for Pakistan Mortgage Refinance Company Limited (PMRCL) for the purpose of ensuring efficacy of the facility towards promoting low cost/affordable housing in Pakistan.
At the conclusion of the meeting, the Prime Minister appreciated valuable contributions of the ECC members towards taking informed decisions in the larger public interests. Secretary Finance, on behalf of the ECC members, thanked the Prime Minister for his continued guidance and support.
