ISLAMABAD: The Financial Coordination Committee (ECC) of the federal cupboard on Friday authorized over Rs 27 billion to make sure monetary help for key initiatives.
The ECC was held below the chairmanship of the Federal Minister for Finance and Income, Senator Muhammad Aurangzeb.
The ECC authorized a technical supplementary grant value 19.15 billion rupees for 133 schemes of the defunct Pakistan Public Works Division.
It additionally okayed 5.36 billion rupees to execute improvement schemes below the SDGs Achievement Programme with 4.25 billion rupees allotted for Sindh and 1.11 billion rupees for Khyber Pakhtunkhwa.
The approval was additionally granted to an quantity of 1.914 billion rupees in favor of NADRA, guaranteeing the transition of 43 Citizen Facilitation Facilities in Khyber Pakhtunkhwa.
Learn Extra: ECC approves Rs3bn grants for varied departments
Moreover, a grant of 500 million rupees was authorized for the procurement of life-saving medicines and vaccines, whereas 84 million rupees for procurement of two Hino Coaster mini-buses and three Toyota Hiace vans to exchange the outdated official transport on the President’s Secretariat.
Moreover, the ECC authorized Pakistan’s membership within the New Growth Financial institution, established by BRICS member international locations. The committee endorsed the acquisition of 5,882 capital shares within the financial institution, amounting to 582 million {dollars}, with 116 million {dollars} as paid-in capital.
The discussion board allowed switch of shares of DISCOs within the identify of the President of Pakistan and incorporation of an Worldwide Joint Buying and selling Firm in Singapore by Pakistan State Oil and the State Oil Firm of Azerbaijan.