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ECC okays Rs4b for Suparco’s ‘Pakistan Multi-Mission Communication Satellite System’

By News Desk

May 27, 2024 08:33 PM


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Federal Minister for Finance and Revenue Muhammad Aurangzeb Monday chaired the meeting of the Economic Coordination Committee (ECC) that approved the Technical Supplementary Grants (TSGs) to various ministries or divisions.

The ECC approved the request of the Ministry of Interior for the provision of Rs2.363 million for the payment of troops costs/subsistence allowance.

The request of the Intelligence Bureau Division for the provision of funds to the tune of Rs200 million was approved.

The request of the Ministry of Law and Justice for the provision of Rs19.373 million was approved by the ECC.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division on Monday.

The Committee approved the request of Strategic Plans Division/SUPARCO for the provision of Rs4,050.686 million to meet the requirements of the project titled “Pakistan Multi-Mission Communication Satellite System”.

The proposal of the Ministry of Industries and Production to allow SNGPL-based plants to operate for a period of six months starting from 31st March, 2024 till 30th September 2024 was approved the by committee, to ensure smooth supply of urea fertilizer for Kharif season.

The meeting was attended by the Minister for Commerce Jam Kamal Khan, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Petroleum Musadik Masood Malik, Minister for Industries & Production Rana Tanveer Hussain, Minister for Economic Affairs Ahad Khan Cheema, Minister of State for Finance & Revenue Ali Pervez Malik, Governor SBP, Chairman SECP, Federal Secretaries, and other senior officials of the relevant ministries.


News Desk


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