ECC okays varied supplementary grants

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ISLAMABAD-The Financial Coordination Committee (ECC) of the Cupboard on Monday has accredited varied supplementary grants and likewise accredited Rs. 12 billion for procurement of aid objects to restock/replenish its reserves with the intention to be higher ready to answer any impending catastrophe.

The ECC assembly, which was chaired by Finance Minister Ishaq Dar, has thought of a abstract of Ministry of Communications and accorded approval for issuance of GoP assure amounting to Rs. 9,500 million for the venture of development of Hyderabad-Sukkur motorway on build-operate-transfer foundation. The ECC additionally thought of a abstract of Nationwide Catastrophe Administration Authority and accredited Rs. 12 billion for procurement of aid objects to restock/replenish its reserves with the intention to be higher ready to answer any impending catastrophe.

The ECC thought of a abstract of the Ministry of Nationwide Well being Companies, Rules and Coordination and after detailed dialogue accredited fixation of most retail costs (MRPs) of 49 new medicine on the premise of being decrease as in comparison with their costs within the neighboring nations. These are medicine that are being launched in Pakistan for the primary time largely at costs significantly decrease than the area. The ECC has additionally accredited technical supplementary grants (TSG) of Rs. 839.129 million in favor of the venture titled “New Gwadar Worldwide Airport (NIGA) of Ministry of Aviation, Rs. 120.450 million TSG in favor of Institution Division for the CFY 2022-23 to fulfill shortfall of ERE and Non-ERE elements and Rs. 140, 584, 175 /- as TSG in favor of Institution Division for Cost to Govt. Departments for Companies Rendered from varied sources. The ECC has additionally accredited Rs. 116.499 as TSG million in favor of the Ministry of Human Rights for assembly the shortfall in important expenditures in numerous organizations working underneath the Ministry and Rs. 700 million as TSG in favor of the Ministry of Info and Broadcasting to fulfill the shortfall throughout CFY 2022-23.

The ECC has accredited Rs. 48 million TSG in favor of Ministry of Inside for launch of funds to HQ Frontier Corps (North) KP, for development of FATA Levies Centre at Shakas Peshawar, Rs. 470.827 as TSG million in favor of Ministry of Inside for the fee of troops value/subsistence allowance to personnel of Civil Armed Forces deployed in UN Peacekeeping Missions and accredited a abstract of Ministry of Inside for launch of funds of Rs. 66.336 million as TSG for the development of Frontier Constabulary Coaching Heart, Michni, Khyber Pakhtunkhwa. The funds have been granted in help to Pakistan by the USA for capability constructing of Civil Armed forces.

The committee has accredited Rs. 347.99 million as TSG in favor of Ministry of Inside to finish the elevating technique of sixth Battalion of Pakistan Publish Guards for anti-smuggling function and Rs.1,251374,153/- as TSG in favor of Ministry of Inside for FATA Non permanent Displaced Individuals Emergency Restoration Challenge (TDP-ERP) of NADRA to serve the susceptible households, affected by army operations, Rs. 49.5 million as TSG in favor of Ministry of Inside for additional disbursement of quantity as monetary help for the households of Shuhada and injured individuals of Swat terrorism incident and Rs. 9,145 million as TSG TSG in favor of Energy Division for execution of 2×660 MW Coal fired Energy venture Jamshoro. The ECC has accredited Rs. 48.429 million TSG in favor of the Ministry of Parliamentary Affairs to fulfill its ERE shortfall, Rs. 1422.394 million as TSG in favor of the Pakistan Atomic Vitality fee to fulfill its ERE shortfall, Rs. 110.653 million as TSG in favor of Nationwide Counter Terrorism Authority to strengthen NACTA inside its present mandate, Rs. 5,252 as TSG million in favour of Ministry of Defence for assembly ERE shortfall and Rs. 402.251 billion as TSG in favour of EAD for debt servicing for overseas loans and credit. Federal Minister for Industries and Manufacturing Syed Murtaza Mahmud, 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.

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