Photo: A reservoir lake in Pakistan (file image)
Business & FinancePakistan’s ECC clears about Rs380bn in supplementary grants, led by Rs275bn for water projects
The Economic Coordination Committee, chaired by Finance Minister Muhammad Aurangzeb, has approved supplementary grants worth about Rs380 billion, including Rs275 billion for major water projects and about Rs84 billion for the armed forces, alongside gas supply for two fertiliser plants until the end of December.
Photo: Fertiliser being spread on a field
NewsMiddle East Fertiliser Exports Down by About 70% as Iran War Chokes Hormuz Supplies
Fertiliser shipments from the Gulf have fallen by roughly 70 to 75 per cent as the Strait of Hormuz remains largely closed, raising the risk of weaker harvests and higher food prices worldwide.