ISLAMABAD-The Financial Coordination Committee (ECC) of the Cupboard on Wednesday as soon as once more authorized varied supplementary grants for varied ministries together with one other Rs5 billion for Sustainable Improvement Objectives Achievement Programme (SAP), which might be utilized by lawmakers for growth tasks.
Federal Minister for Finance and Income Senator Mohammad Ishaq Dar chaired the assembly of the Financial Coordination Committee (ECC) of the Cupboard. The ECC has authorized TSG of Rs5 billion in favor of Cupboard Division for Sustainable Improvement Objectives Achievement Programme (SAP) throughout CFY 2022-23. Initially, the federal government had allotted Rs70 billion for SAP within the FY23 price range. Nevertheless, regardless of going through a monetary crunch and following an austerity plan, the federal authorities elevated the amount of SAP to Rs116 billion after approving completely different supplementary grants in the previous few months.
The ECC authorized technical supplementary grants (TSG) of Rs1000 million in favor of Ministry of Housing and Works for growth schemes in Punjab province below SAP throughout CFY 2022-23, Rs. 14, 802.32 million in favor of Ministry of Housing and Works for growth schemes of CFY 2022-23 and Rs. 1209.450 million in favor of Ministry of Housing and Works for execution of 15 growth schemes of CFY 2022-23. It has authorized TSG of Rs. 1773 million in favor of Ministry of Vitality (Energy Division) for execution of growth schemes of Punjab and KP provinces below PSDP throughout CFY 2022-23 and Rs. 3.96 billion in favor of Ministry of Federal Training & Skilled Coaching below WB Undertaking – Greater Training Improvement in Pakistan for 2022-23. It has additionally authorized Rs. 130 million in favor of Ministry of Narcotics Management as TSG for CFY 20223-23, Rs. eight million in favor of Ministry of Narcotics Management for Operational Value of Anti-Narcotics Drive for the CFY 2022-23 and Rs. 6 million in favor of Income Division to fulfill the shortfall of Finances grant of CFY 2022-23.
Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Energy Khuram Dastagir Khan, Shahid Khaqan Abbasi, MNA/Ex-PM, Minister of State for Finance and Income Dr. Aisha Ghous Pasha, Minister of State for Petroleum Musadik Masood Malik, SAPM on Finance Tariq Bajwa, SAPM on Income Tariq Mehmood Pasha, federal secretaries and different senior officers attended the assembly.