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ECC approves grants for gear buy

by Pakistan Latest News Update

ISLAMABAD: The Financial Coordination Committee (ECC) of the cupboard on Thursday accredited 4 supplementary grants, together with Rs5 billion for the Nationwide Catastrophe Mana­gement Authority (NDMA), to battle the spr­ead of coronavirus within the nation on an emergency foundation.

The ECC assembly, chaired by Adviser to Prime Minister on Finance and Income Dr Hafeez Shaikh, accredited three different technical supplementary grants for civil work, Fata briefly displaced individuals (TDP) emergency restoration undertaking, and the Sustai­nable Devel­opment Objectives Achievement Prog­ramme.

The approval of the supplementary grants is a part of the federal government package deal to mitigate influence of the coronavirus unfold within the nation. The package deal was introduced by the prime minister a few days in the past.

The NDMA will use the technical supplementary grant to realize logistic assist and the availability of several types of private safety gear (PPEs) towards the virus like respirators and face masks.

The ECC additionally accredited technical supplementary grants of Rs275m in favour of the Ministry of Housing and Works for capital outlay on civil works, one other Rs84.352m to be offered to Nadra for Fata TDP Emergency Re­cov­ery Venture, and Rs5.5bn for the Sustainable Dev­el­o­pment Objectives Achie­vement Progr­amme.

On a abstract of incentive proposals for the Nationwide Electrical Automobile Coverage (NEVP) of the local weather change ministry, the ECC fashioned an inter-ministerial committee, to agency up proposals in a month’s time on incentive package deal for NEVP.

The newly-constituted committee can be headed by Adviser to PM on Commerce, Razak Dawood. Different members embody Planning and Growth Minister Asad Umar, Science and Know-how Minister Fawad Chaudhry, Particular Assistant to PM on Austerity and Institutional Reforms Dr Ishrat Hussain and Particular Assistant to PM on Petroleum Nadeem Babar. Deputy chairman of the planning fee and the secretaries for business and local weather change divisions are additionally members of the committee.

The ECC accredited quarterly changes of tariff of Okay-Electrical restricted from July 2016 to March 2019.

Revealed in Daybreak, March 27th, 2020

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