The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved several key Technical Supplementary Grants (TSGs), granted in-principle approval for restructuring of Pakistan National Shipping Corporation (PNSC), and cleared the National Policy to realize Pakistan’s gemstone potential 2026-2030. The meeting was met under the chairmanships of the Federal Minister for Finance and Revenue Senator […]
Economic Coordination Committee
ECC approves key supplementary grants; endorses betel nut import reforms
The Economic Coordination Committee (ECC) of the Cabinet met on Wednesday at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The ECC approved a summary submitted by the Ministry of National Health Services, Regulations and Coordination for a Technical Supplementary Grant (TSG) amounting to Rs. 2.8 […]
ECC okays Rs 100bn grant for austerity fund
The Economic Coordination Committee (ECC) on Thursday approved a Rs100 billion supplementary grant for the prime minister’s austerity fund created to finance the petroleum pricing subsidy. Finance Minister Muhammad Aurangzeb presided over the ECC meeting, which approved a summary submitted by the Ministry of Finance, seeking a Technical Supplementary Grant (TSG) of Rs100bn for onward […]
ECC okays Rs 6.63bn for gas schemes, disaster funding and power reforms
The Economic Coordination Committee (ECC) of the Cabinet on Friday approved multiple technical supplementary grants (TSGs), funding for disaster response and education payments, and a reform package aimed at reducing electricity generation costs and easing circular debt pressures in the power sector. The ECC meeting, chaired by Finance Minister Senator Muhammad Aurangzeb at the Finance […]
ECC approves revised low-cost housing scheme and key infrastructure grants
The Economic Coordination Committee (ECC) of the Cabinet met today at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The ECC considered a summary submitted by the Ministry of Housing and Works seeking approval of revised features of the “Mera Ghar Mera Aashiana (MGMA)” – Mortgage […]
ECC approves sale of 0.5MMT of wheat held by PASSCO
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved the sale of 500,000 metric tons of wheat held by PASSCO through competitive bidding on a First-In-First-Out (FIFO) basis at revised reserve prices of PKR 4,150 per 40 kg for local wheat and PKR 3,800 per 40 kg for imported wheat. The meeting of […]
ECC approves release of Rs 19bn for PM’s Ramazan Package
The Economic Coordination Committee (ECC) of the Cabinet here on Thursday approved the immediate release of Rs19 billion for the Prime Minister’s Ramazan Relief Package 2026 to ensure timely disbursement of assistance, with any additional funds to be considered in line with evolving requirements and available fiscal space. The meeting of the cabinet committee was […]
ECC clears over Rs 15 billion for defence, IT, social and digital initiatives
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved multiple technical supplementary grants (TSGs) exceeding Rs15 billion to support defence services, digital transformation, special education, and public service delivery initiatives. The ECC meeting, chaired by Finance and Revenue Minister Muhammad Aurangzeb, reviewed a series of summaries submitted by various ministries and divisions covering […]
ECC okays Rs 200bn power subsidy to keep circular debt within IMF-agreed limits
As the government projects an alarming increase of Rs491 billion in circular debt within six months, a cabinet body on Thursday approved Rs200 billion power subsidies to keep the flow of the debt within limits agreed with the International Monetary Fund. The Economic Coordination Committee of the Cabinet that took the decision also approved Rs11.5 […]
ECC approves amendments to vehicle import procedure
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved amendments to the vehicle import procedure, retaining only the Transfer of Residence and Gift Schemes. Under the revised framework, commercial-import safety and environmental standards will apply to these schemes, the intervening import period will be extended from two to three years, and imported vehicles […]