ISLAMABAD, Pakistan: The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division in Islamabad on Monday.
The meeting was attended by the Minister for Commerce Jam Kamal Khan, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Petroleum Musadik Masood Malik, Minister for Industries & Production Rana Tanveer Hussain, Minister for Economic Affairs Ahad Khan Cheema, Minister of State for Finance & Revenue Ali Pervez Malik, Governor State Bank of Pakistan (SBP) Jameel Ahmad, Chairman Securities and Exchange Commission of Pakistan (SECP) Akif Saeed, Federal Secretaries, and other Senior Officials of the relevant ministries.
The Cabinet Committee gave approval of the following Technical Supplementary Grants (TSGs) to various Ministries/Divisions:
- The ECC approved the request of the Ministry of Interior for the provision of Rs 2.363 million for the payment of troops costs / subsistence allowance.
- The request of the Intelligence Bureau Division for the provision of funds to the tune of Rs 200 million was approved.
- The request of the Ministry of Law & Justice for the provision of Rs 19.373 million was approved by the ECC.
- The Committee approved the request of Strategic Plans Division / SUPARCO for the provision of Rs 4,050.686 million to meet the requirements of the project titled “Pakistan Multi-Mission Communication Satellite System”.
Furthermore, the proposal of the Ministry of Industries & Production to allow Sui Northern Gas Pipelines Limited (SNGPL) based plants to operate for a period of six months starting from March 31, 2024 till September 30, 2024 was approved the by the Committee to ensure smooth supply of urea fertilizer for Kharif season.
Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, presided over a meeting of the Economic Coordination Committee (ECC). pic.twitter.com/inJUACk3rK
— Ministry of Finance, Government of Pakistan (@Financegovpk) May 27, 2024