Finance Minister Saleem Mandviwala said on Saturday that all the decisions during his presidentship of the Economic Coordination Committee (ECC) were taken with consensus. Talking to a group of senior journalists here at his office, Mandviwala said the ECC has referred the matter of LNG export to the federal cabinet which will take a decision in this regard. He said the Finance Ministry issues funds to ministries, not individuals. He said he had opposed subsidy for agricultural tube wells in the federal cabinet meeting but it was the decision of the government. He said the ECC approved the subsidy but this will increase the budget deficit. The minister said the government should have forex reserves of six months, but currently it has the forex reserves of three months. To a question, he said the Tax Amnesty Bill is likely to be passed by the National Assembly on Monday.
