ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet wad held here on Monday with Federal Minister for Finance and Revenue Mohammad Ishaq Dar in the chair.

The ECC considered and approved a summary of Ministry of Energy (Petroleum Division) regarding arrangement of Finance Facility for the funding of Government of Baluchistan’s share of obligation in Reko-Diq project dispute settlement.

The ECC directed the Finance Division to arrange payment of markup amounting to Rs.6,238,358,879/- for the period from March 31, 2022 to December 30, 2022 to the NBP for the short term finance facility of Rs65 billion with regard to Reko-Diq project dispute settlement.

The ECC considered a summary of Ministry of National Health Services, Regulations and Coordination for maximum retail price of Remdesivir 100 mg injection for the treatment of Covid-19 and decided not to increase the price of Remdesivir 100 mg injection and the existing MRP i.e Rs1892/vial shall remain fixed.

The ECC deferred summaries of Ministry of National Health Services, Regulations and Coordination on fixation MPR of 54 new drugs and increase in prices of 119 drugs. The ECC also deferred a summary of Ministry of Aviation on engagement of International Finance Corporation as transaction advisor for the outsourcing of three airports.