ISLAMABAD: Finance Minister Shaukat Tarin on Wednesday presided over a meeting of the Economic Coordination Committee (ECC) in Islamabad.
According to sources, the ECC approved a summary for release of funds for the establishment of border markets in Balochistan.
It approved a technical supplementary grant to cope with the Covid-19 pandemic. The meeting also green-lighted Rs 98.7 million technical supplementary grant for the Frontier Corps and a Rs25 million grant for the Pakistan Rangers.
The ECC also approved a grant of Rs39 million for salaries of Pakistan Institute of Development Economics (PIDE) employees.
During a meeting on Monday, the Economic Coordination Committee (ECC) approved the enhancement of Ehsaas Kafalat monthly stipend to the tune of Rs166 per beneficiary w.e.f. 1s January 2022. The beneficiaries would receive additional cash of Rs 166 per month due to indexation.
It approved the request of the Poverty Alleviation & Social Safety Division regarding the Indexation Policy for cash transfers and allowed Benazir Income Support Programme (BISP) to adopt the institutional mechanism for periodic update of regular cash transfer benefits to Ehsaas Kafalat Beneficiaries of Benazir Income Support Program (BISP).