ECC Approves Rs Two Billion Ramazan Relief Package

Islamabad (Pakistan Point News / Online - 12th March, 2019) Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved Rs2 billion Ramazan relief package so as to provide relief to the low income groups in the Holy Month of Ramazan by providing them essential items at a lower price,The ECC meeting was chaired by Finance Minister Asad Umar.The Committee also approved supplementary grant, amounting to Rs16.976 million for Textile Division.

It approved Supplementary Grant of Rs.7415.486 million for Finance Division, in favour of Financial Inclusion & Infrastructure Projects (FIIP), and Technical Supplementary Grant amounting to Rs562.00 million and Supplementary Grant amounting to Rs742.531 million for SAP Software License Payment.Similarly, the Committee also approved Supplementary Grant of Rs1 billion for Federal board of Revenue to boost its revenue collection capacity.In order to pay the outstanding dues to the legal heirs of deceased employees of Pakistan Steel Mills on account of Provident Fund, Gratuity and Payroll, the Committee approved Grant for the purpose which will help address the problems of the legal heirs of deceased employees.

Secretary Water Resources and Chairman WAPDA gave separate presentations on different water projects including major dams namely, Mohmand Dam, Diamir-Bhasha and Dhasu dam. Secretary Commerce made a presentation on export prospects in the short term. The Committee directed to prepare an export enhancement plan for next year before 31st March 2019.