ECC Approves Ramzan Package & Supplementary Grants for Govt Entities

In a meeting of the Economic Coordination Committee of the Cabinet (ECC), chaired by Finance Minister Asad Umar, the Committee approved Rs. 2 billion Ramzan Relief Package-2019 in order to provide relief to the low-income groups in the holy month of Ramzan by providing them essential items at a lower price.

The Committee also approved a supplementary grant, amounting to Rs. 16.976 million, for the Textile Division. It approved Supplementary Grant of Rs. 7415.486 million for the Finance Division in favor of Financial Inclusion & Infrastructure Projects (FIIP), a Technical Supplementary Grant amounting to Rs. 562 million and Supplementary Grant amounting Rs. 742.531 million for SAP Software License Payment.

Similarly, the committee also approved a Supplementary Grant of Rs. 1 billion for the 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 a Grant which will help address the problems of the legal heirs.

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 the next year before 31st March 2019.

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