Daily Times

The Economic Coordination Committee (ECC) of the Cabinet on Friday approved various Technical Supplementary Grants (TSGs) and also allowed that domestic and imported wheat would be allocated and released by PASSCO.

According to press release issued by finance ministry, the ECC meeting was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb while among others, it was attended by Minister for Industries and Production, Rana Tanveer Hussain; Minister for Power, Sardar Awais Ahmed Khan Leghari; Minister for Planning, Development & Special Initiatives, Ahsan Iqbal; Minister of State for Finance and Revenue, Ali Pervaiz Malik, Governor SBP (virtual) and Chairman SECP (virtual), along with Federal Secretaries and senior officers from the concerned Ministries and Divisions.

The ECC considered a proposal from the Ministry of National Food Security & Research for allocation of domestic and imported wheat stocks of PASSCO among wheat-deficient agencies/regions for Food Year 2024-25.

“The ECC discussed the issue threadbare and decided that domestic and imported wheat would be allocated and released by PASSCO based on allocation ratio decided by ECC on 1st February 2024, till full disposal of imported wheat stock, and all seven wheat-deficit agencies/regions would lift the wheat as per their committed demand during the Food Year 2024-25,” it added. The ECC however directed that the wheat to be picked up by agencies/regions be tested beforehand for purpose of quality and fitness for consumption. The ECC considered and approved a proposal from the Ministry of Interior for grant of a Technical Supplementary Grant amounting to Rs. 252.711 million against the same amount surrendered by the Ministry of Housing and Works, for allocation to Capital Development Authority to ensure uninterrupted provision of civic services at the Prime Minister’s Office (Public), Prime Minister’s Office Internal and Prime Minister’s Staff Colony.

The ECC considered and approved grant of a Technical Supplementary Grant to the tune of Rs. 1.8 billion to the Ministry of Defence for overhaul of engines of two VVIP aircraft being utilized for state duties with the President and the Prime Minister of Pakistan.