ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve the Ministry of Planning and Development’s proposal for the provision of Rs4 billion for the 7th Population and Housing Census today (Thursday).
The ECC meeting to be presided over by caretaker Finance Minister Dr Shamshad Akhtar will also consider a proposal of Federal Education and Professional Training for approval of Rs7.15 billion technical supplementary grant (TSG) during the ongoing fiscal year for the programme titled, Action to Strengthen Performance for Inclusive and Responsive Education.
The Ministry of Aviation has also moved a summary to the ECC for allocation of Rs500 million TGS for the project of Modernization of Hydromet Service of PMD in Pakistan.
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The Cabinet Division’s proposal TSG of Rs39.856 million for institutional reforms cell is also expected to be taken up by the ECC.
The Finance Division has also sought approval of TSG rehabilitation of flood-damaged rural roads in Khyber-Pakhtunkhwa and provision of clean drinking water in various Union Councils through Counter Value Fund deposited under Japanese grant aid.
The ECC will also take up another proposal of the Finance Division for the provision of additional funds amounting to Rs1,591.624 million through TSG for the procurement of servers and hiring of consultants in the financial year 2023-24.
The Ministry of Planning and Development has also moved a summary for TSG for budgetary allocation/ rupee cover for utilisation of foreign aid for the fiscal year 2023-24 and provision of Rs4 billion for the 7th Population and Housing Census.
The Ministry of Housing and Works has also moved two proposals to the ECC for the provision of additional funds of Rs25 million and Rs319.5 billion. The ECC will consider a comprehensive Sustainable Plan for price rationalisation of subsidised wheat in Gilgit-Baltistan and demand and supply of wheat in the country.
The Power Division has also moved a summary to the ECC for the transition from London Inter-Bank Rate (LOBOR) to second overnight financing rate (SOFR) and the Commerce Division for the importation of Sahiwal Bull from Pakistan as semen donors for the National Artificial Insemination Programme.
Copyright Business Recorder, 2024