ECC meets to review economic situation

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) which met here on Tuesday under the chairmanship of Prime Minister Syed Yousuf Raza Gilani reviewed the price situation and it was informed that sensitive price indicator has registered decline during the last two consecutive weeks of this month.

The prices of 17 items have registered increase, while prices of 15 items have registered a decline and 21 items remained unchanged during the week ending September 18.

The ECC also reviewed the wheat stock position which was found comfortable level.

The ECC was further informed that the import of 2.5 million tonnes wheat will be completed by the end of this year.