The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the offloading of 800,000 tonnes of wheat amid concerns over mounting storage costs and alleged waste of public funds linked to imported stocks accumulated since 2021-22. Read More: ECC clears over Rs 15 billion for defence, IT, social and digital initiatives The Economic Coordination […]
supplementary grants
Pakistan agrees to IMF audit of supplementary grants
ISLAMABAD: Pakistan has accepted a key condition set by the International Monetary Fund (IMF) to conduct a special audit of supplementary grants issued over the past decade, Finance Ministry sources confirmed Saturday. The decision comes after 10 days of technical discussions between Pakistan and the IMF on budget-related reforms and transparency measures. Read More: IMF calls […]
ECC approves key supplementary grants, trade boosting measures
A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The ECC considered a summary submitted by the Ministry of Interior and Narcotics Control regarding financial support in the form of a Technical Supplementary Grant (TSG) to […]
ECC approves supplementary grants and new gas prices in key economic meeting
ISLAMABAD – The Economic Coordination Committee (ECC) approved several technical supplementary grants for different ministries during a meeting chaired by Finance Minister Muhammad Aurangzeb. These grants are part of the budget for the 2024–25 financial year. The committee approved Rs 15.8 billion for the Ministry of Defence. Another Rs 6.3 crore was approved for rent […]
NA committee finalizes agenda, duration of budget session
ISLAMABAD: National Assembly Speaker Asad Qaiser chaired meeting of the Business Advisory Committee of the National Assembly in the Parliament House. The matters pertaining to agenda and duration of the budget session for the financial year 2021-22 were discussed. It was decided that present session would continue till June 30. It was decided that the […]