ECC approves over Rs1.5bn in supplementary grants

News Image

MG News | February 04, 2026 at 09:58 AM GMT+05:00

0:00

February 04, 2026 (MLN):  The Economic Coordination Committee (ECC) of the Cabinet has approved and reviewed a series of financial proposals involving allocations and grants worth over Rs1.56 billion.

This was decided during a meeting held at the Finance Division in Islamabad under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, according to a press release issued.

During the session, the committee considered a summary from the Election Commission of Pakistan (ECP) seeking a technical supplementary grant of Rs455 million for the conduct of local government elections in Punjab, Islamabad Capital Territory, Sindh and Balochistan for the current financial year 2025–26.

After deliberation, the ECC directed the ECP to resubmit the summary with clearer details regarding the nature of expenditure and proposed utilisation of funds.

The ECC also approved two separate summaries submitted by the Interior and Narcotics Division, granting Rs100m for execution of Sustainable Development Goals Achievement Programme schemes through the Capital Development Authority, and Rs8.79m  within the sanctioned budget  for the purchase of spare parts and routine maintenance of a helicopter operated by Frontier Corps Balochistan.

In addition, the committee approved a proposal from the Federal Education and Professional Training Division for a technical supplementary grant of Rs1bn to ensure continuity of existing scholarship programmes and to launch new initiatives, including schemes aimed at out-of-school children.

Furthermore, the ECC endorsed a proposal from the Revenue Division for the allocation of two consignments of relief goods, including tarpaulin tents and winter clothing confiscated by Pakistan Customs and now vested as state property, to the Government of Gilgit-Baltistan for use by the Gilgit-Baltistan Disaster Management Authority in emergency relief operations in calamity-affected areas.

The meeting was attended by Federal Minister for Investment Qaiser Ahmed Sheikh, Federal Minister for Commerce Jam Kamal Khan, Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, Federal Minister for Power Sardar Awais Ahmad Leghari who joined virtually, and Federal Minister for National Food Security and Research Rana Tanveer Hussain, along with federal secretaries and senior officials from the relevant ministries, divisions and regulatory bodies.

 

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 187,924.44
113.79M
0.55%
1023.70
ALLSHR 112,860.09
302.15M
0.63%
705.48
KSE30 57,585.24
37.68M
0.51%
293.11
KMI30 265,594.98
30.78M
0.34%
898.56
KMIALLSHR 72,412.38
175.32M
0.42%
299.45
BKTi 55,152.18
20.72M
1.44%
784.89
OGTi 38,767.75
1.80M
-0.04%
-16.02
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,475.00 77,110.00
75,595.00
-205.00
-0.27%
BRENT CRUDE 67.84 68.26
67.50
0.51
0.76%
RICHARDS BAY COAL MONTHLY 90.00 0.00
0.00
-3.35
-3.59%
ROTTERDAM COAL MONTHLY 99.50 102.00
99.50
-2.45
-2.40%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.79 64.17
63.47
0.58
0.92%
SUGAR #11 WORLD 14.63 14.70
14.21
0.37
2.59%

Chart of the Day


Latest News
February 04, 2026 at 10:57 AM GMT+05:00

Pakistan, Libya commit to strengthen ties


February 04, 2026 at 10:45 AM GMT+05:00

Pakistan strengthens science ties with UNESCO


February 04, 2026 at 10:11 AM GMT+05:00

Regenerative farming key to Pakistan’s cotton revival


February 04, 2026 at 10:09 AM GMT+05:00

CCoSOEs clears EXIM Bank Procurement Policy


February 04, 2026 at 09:58 AM GMT+05:00

ECC approves over Rs1.5bn in supplementary grants



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg