ECC approves Rs17bn financial support package for PIA

Published
19
Finance Minister Asad Umar chaired the meeting of the Economic Coordination Committee of the 
cabinet held in Islamabad. —APP/File
Finance Minister Asad Umar chaired the meeting of the Economic Coordination Committee of the cabinet held in Islamabad. —APP/File

A meeting of the Economic Coordination Committee on Monday approved a financial support package worth Rs17.022 billion for national flag carrier Pakistan International Airlines (PIA).

Members of the meeting — chaired by Minister of Finance Asad Umar — also decided to allocate 10 million cubic feet per day (MMCFD) gas from the Bitrism field to Sui Southern Gas Company Limited (SSGCL).

Sui Northern Gas Pipelines Limited (SNGPL) has also been allocated 12MMCFD gas from the Dhok Hussain fields.

The winter months – December to February – are expected to be very tough for urban residential consumers in terms of gas shortfalls amid commitments from the new government to ensure uninterrupted gas supplies to the industrial sector, particularly the zero rated five export industries, at highly subsidised prices.

Earlier, sources had told Dawn that the Petroleum Division had estimated up to a 50 per cent gas shortfall to the urban population in Punjab and to some extent in Khyber Pakhtunkhwa — both being served by SNGPL.

It was proposed that the government should provide a direct subsidy to SNGPL for domestic consumers with an injection of about 150MMCFD additional gas at three peak consumption intervals around cooking hours.

Opinion

Editorial

No talks
17 Oct, 2026

No talks

THE opposition Tehreek-i-Tahafuz Ayin-i-Pakistan has announced that there will be no more talks with the government...
Strengthening LGs
17 Oct, 2026

Strengthening LGs

THE ECP has done well to refuse to allow the Punjab administration to push the local government elections to April....
Lesser citizens
17 Oct, 2026

Lesser citizens

FOR decades, discrimination and prejudice have narrowed the space for the country’s minority communities. The HRCP...
Deadly classrooms
Updated 16 Oct, 2026

Deadly classrooms

Parents should not have to become structural engineers to judge whether their children are safe at school.
Diplomatic options
Updated 16 Oct, 2026

Diplomatic options

Regional states know that the alternative to talks — a fully fledged war on both fronts — will bring immeasurable destruction to the Gulf, the Red Sea and the surrounding areas.
Hunger in Pakistan
16 Oct, 2026

Hunger in Pakistan

PAKISTAN’S position as the country most affected by hunger in South Asia is not surprising. An economy battered by...