ISLAMABAD. The Economic Coordination Committee (ECC) approved a summary for financial support of $ 142 million for Roosevelt Hotel, New York. ECC approved the financial support for Roosevelt Hotel on the recommendation of the committee constituted in an earlier meeting of the ECC, headed by deputy chairman Planning Commission and comprising secretaries of Finance Division, Aviation Division and Law and Justice Division.
Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting.
ECC also approved the summary moved by the Power Division for the rationalization of eleven quarterly adjustments of K-Electric Limited from July 2016 to March 2019. The quarterly adjustments of K-Electric for period from July 2016 to March 2019 will be notified with effect from 1st September 2020 to bring the tariff K-Electric at par with what is currently in filed for consumers of discos.
