The Financial Coordination Committee of the Cupboard (ECC) Thursday permitted technical supplementary grant of
Rs 5 billion for Nationwide Catastrophe Administration Authority (NDMA) for preventing the unfold of Coronavirus on emergency foundation.
The assembly of the ECC was held right here with Advisor to Prime Minister on Finance and Income Dr Abdul Hafeez Shaikh.
The assembly additionally permitted different technical supplementary grants together with Rs. 275 million in favor of Ministry of Housing and works for capital outlay on civil works, Rs 84.352 million equal to $ 532,152 to be supplied to Nationwide Database Regulatory Authority (NADRA) for Emergency Restoration Undertaking for Momentary Displaced Individuals of erstwhile Federally Administered Tribal Areas (FATA).
The technical supplementary grant permitted for NDMA can be utilized to realize logistic help and the supply of various kinds of private safety equipments in opposition to the virus like respirators/face masks and many others.
The ECC shaped an inter-ministerial committee, to agency up proposals in a month’s time on incentive bundle for Nationwide Electrical Automobile coverage, comprising Minister Planning and Improvement, Minister Science and know-how, SA PM on Austerity and Institutional Reforms , Deputy Chairman Planning Fee, SA PM on Commerce (Chairman), SAPM on Petroleum, Secretaries Trade and Local weather Change.
The ECC acknowledged the position and efforts made by Ministry of Local weather Change on getting ready Incentive proposals for Nationwide Electrical Automobile Coverage.
The ECC additionally permitted Quarterly changes of tariff of Ok-Electrical restricted for the interval from July 2016 to March 2019. As a reduction measure for the individuals of Karachi amidst Coronavirus outbreak and in Ramazan, the ECC directed to inform the tariff after three months in the intervening time directed Finance and Energy Division to facilitate Ok- electrical by advance provision of subsidy amounting to Rs 26 billion.
The ECC was briefed that the revision of tariff would have an effect of Rs 1.09 to Rs 2.89 /Kwh for varied classes of customers.
On the abstract moved by the Ministry of Vitality Energy Division on execution of LPG Air Combine provide tasks by Sui Corporations, ECC determined to proceed the operation of two already put in and dealing crops at Awaran and Bella and permitted the set up of one other 4 crops at Gilgit, Drosh, Ayun and Chitral city the place the gear has already been procured for plant set up.
The work on different tasks of the identical nature was stalled because it required an enormous quantity of subsidy to each SSGPL and SNGPL. It was briefed to the ECC that SNGPL requires Rs 19.851 billion every year for operation of 16 tasks and SSGCL would require Rs 14.474 billion to function 32 permitted tasks.
ECC determined that the Ministry of Vitality ought to have interaction with the Authorities of Balochistan and resolve upon extra environment friendly tasks which might give the utmost profit to the inhabitants of Balochistan province throughout the similar quantity of allocation/subsidy.
The choice was taken within the context that the present income shortfall of SNGPL was Rs 143 billion and for SSGCL Rs 72 billion as of finish 2018-2019.
The ECC additionally determined to allocate 5.zero MMCFD fuel from Saand-1 to M/S SSGCL. The worth of fuel shall be in response to the petroleum coverage.
