Islamabad: The Economic Coordination Committee (ECC) expressed satisfaction over a continued decline in inflation and stability in prices during its meeting on Monday. The session was chaired by Finance Minister Senator Muhammad Aurangzeb and reviewed key economic indicators.
Officials noted that inflationary pressures are easing, with essential commodities showing a downward price trend. Items such as tomatoes, onions, flour, garlic, and sugar have recorded a consistent reduction in prices. The development signals improving market stability.
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The ECC approved a Rs100 million grant for the Cannabis Control and Regulatory Authority. It also sanctioned Rs300 million in incentives for the national hockey team following its qualification for the World Cup. These measures aim to support sports and regulatory initiatives.
The committee also approved Rs3.7 billion for digital transformation and an AI system for the National Accountability Bureau. Additionally, around Rs6 billion was approved for Pakistan International Airlines Holding Company to cover salaries and pension payments.
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Officials said the decisions reflect efforts to strengthen financial management and support key institutions. The government reiterated its focus on economic stability and continued price control measures.