ECC approves request for provision of Rs. 4,050.686 miln to meet requirements of project titled ‘Pakistan Multi-Mission Communication Satellite System’

ISLAMABAD, May 27 (SABAH): Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division on Monday.

The meeting was attended by the Minister for Commerce Mir Jam Kamal Khan, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Petroleum Dr. 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 SBP Jameel Ahmed, Chairman SECP, 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:

1. 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.

2. The request of the Intelligence Bureau Division for the provision of funds to the tune of Rs. 200 million was approved.

3. The request of the Ministry of Law & Justice for the provision of Rs. 19.373 million was approved by the ECC.

4. 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 SNGPL based plants to operate for a period of 6 months starting from 31st March, 2024 till 30th September, 2024 was approved by committee, to ensure smooth supply of urea fertilizer for Kharif season.