ISLAMABAD - The Economic Coordination Committee (ECC) of the Cabinet on Monday approved three dedicated Export Finance Subsidy Schemes aimed at boosting the country's exports. The meeting was held at the Finance Division under the chairmanship of Federal Finance and Revenue Minister Senator Muhammad Aurangzeb. The ECC considered a summary submitted by the Finance Division and approved three key initiatives to support export growth. These include enhancements to the EXIM-administered Export Finance Scheme (E-EFS), the launch of a new Long-Term Export Growth Financing Facility (LTEGFF), and the introduction of a performance-based Rebate on Incremental Exports. The export package provides fixed low-rate financing, strengthens support for the export and import sectors, and places special emphasis on the inclusion of the SME sector. While approving the proposals, the Committee further directed that a six-month performance report be presented to assess the outcome of the schemes. SBP keeps policy rate unchanged at 11.5pc The committee also considered a summary submitted by the Power Division and approved a Technical Supplementary Grant (TSG) of Rs4 billion to meet the expenses relating to multiple international arbitration proceedings initiated by independent power plant (IPP) developers and major utility shareholders. The ECC further approved another summary submitted by the Power Division on the proposal for adjustment of pensioners of closed Generation Companies (GENCOs) to their respective pension-disbursing Distribution Companies (DISCOs) for payments of their retirement's benefits. Gold prices jump by Rs4,000/tola The ECC further approved a summary submitted by the Petroleum Division regarding the declaration of the Pab reservoir in Rehman-8 ST-3 well as a Tight Gas Reservoir under the Tight Gas (Exploration & Production) Policy, 2011. The ECC considered and approved a summary submitted by the Ministry of Overseas Pakistanis and Human Resource Development reflecting the budget estimates of the Employees' Old-Age Benefits Institution (EOBI) for FY 2025-26 and the revised budget estimates for FY 2024-25. The committee also approved a summary submitted by the Petroleum Division with proposal for the tariff fixation for indigenous gas supplies made to RLNG-based power plants on the SNGPL network during April, May and June 2026. The meeting was attended by Federal Planning, Development and Special Initiatives Minister Ahsan Iqbal (virtually), Federal Commerce Minister Jam Kamal Khan, Federal Education and Professional Training Minister Dr Khalid Maqbool Siddiqui, Federal Investment Minister Qaiser Ahmed Sheikh (virtually), Federal Petroleum Minister Ali Pervaiz Malik and Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan, alongwith federal secretaries and senior officials from the relevant ministries, divisions, and regulatory authorities. Jam vows to improve ease of doing business, support SMEs.