ECC Approves Rs6.6 bn Grant for Bullet‑Proof Vehicles and Extends Gas to Fertiliser Plants
The Economic Coordination Committee sanctioned a Rs6.6 bn budget for 30 bullet‑proof vehicles for the 2027 SCO summit and allowed continued gas supply to two Punjab fertiliser plants amid LNG shortages.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Positive · Buy bias
Fertiliser sector benefits from continued gas supply, creating a Buy bias for related stocks.
Sectors & Direction
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Desk call: Buy bias · Positively affected
- FertilizerPositively affected
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Mentions in This Briefing
Sectors: Fertilizer — Positive · Buy bias. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Fertiliser sector benefits from continued gas supply, creating a Buy bias for related stocks.
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Open on Dawn## ECC Approves Funding for Bullet‑Proof Vehicles
The Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb on 7 September 2026, approved a supplementary grant of Rs6.6 billion to purchase 30 bullet‑proof vehicles. The vehicles are intended for the safe transport of heads of state during the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host in September 2027. The committee asked the Cabinet Division to conduct a detailed needs analysis for any additional vehicles and to revisit the request if required.
## Continuation of Gas Supply to Fertiliser Plants
In the same meeting, the ECC granted an extension of natural‑gas supply to Fatima Fertiliser and Agritech until 30 September 2026 under the existing arrangement. The extension aims to sustain fertiliser production despite a shortage of imported liquefied natural gas (LNG).
## Other Items Discussed
- The committee reviewed a proposal on Minimum Indicative Prices for tobacco and a revision of cess rates for 2026‑27, which was deferred for further justification. - Approval was given for the export of donkey meat and hides from the Gwadar Free Zone, subject to safeguards. - A Rs5 bn supplementary grant was approved for the Daanish Schools Authority Fund under an endowment framework. - The Pakistan Skills Impact Bond (PSIB) progress review set a deadline of 30 September 2026 for the Ministry of Federal Education & Professional Training to report substantive progress.
These decisions reflect the government’s focus on security preparations for the upcoming international summit and on maintaining critical fertiliser output amid energy constraints.