ECC Approves 5 Supplementary Grants

Five supplementary grants have been approved by the Economic Coordination Committee (ECC). More so ECC has also released funds worth Rs12.1 million for poverty alleviation and social protection.

PM’s Finance Adviser Abdul Hafeez Shaikh issued a declaration after the session of ECC.

The five technical supplementary grants approved by ECC are:

• Rs 1.66 billion for the telecom monitoring up-gradation of Defence Division
• Rs500 million for construction of special education school
• Rs10 million for the family of senior private secretary Raees Anwar Abbasi
• Rs12.1 million for poverty alleviation and social protection
• Rs306.6 million for the dues clearance of PM’s package.

 The Petroleum Division was directed to transfer Rs 11.7 billion to the National Bank account. Rs 3.05 billion has been allocated as a loan for the Capital Development Authority (CDA). ECC has also ordered the National Food Security and Research to watch over the wheat sourcing process in the country.

The wheat procurement target is 8.25 million tonnes through the Pakistan Agricultural Storage and Services Corporation (PASSCO) and food department.

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