BR100 Decreased By (-0.25%)
BR30 Decreased By (-0.64%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.83 Decreased By ▼ -0.20 (-3.32%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 33.79 Decreased By ▼ -0.46 (-1.34%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.79 Decreased By ▼ -0.55 (-4.46%)
FCCL 53.49 Decreased By ▼ -0.40 (-0.74%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.84 Decreased By ▼ -0.19 (-1.05%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.11 Increased By ▲ 0.11 (1%)
KEL 8.02 Decreased By ▼ -0.09 (-1.11%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.40 Decreased By ▼ -0.65 (-0.74%)
NBP 184.24 Decreased By ▼ -2.24 (-1.2%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.25 Increased By ▲ 0.31 (0.78%)
PIAHCLA 26.12 Decreased By ▼ -0.05 (-0.19%)
PIBTL 17.14 Decreased By ▼ -0.18 (-1.04%)
PPL 228.73 Decreased By ▼ -4.05 (-1.74%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.54 Decreased By ▼ -0.02 (-0.03%)
SEARL 90.93 No Change ▼ 0.00 (0%)
SSGC 26.83 Decreased By ▼ -0.34 (-1.25%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.33 Increased By ▲ 0.57 (6.51%)
TREET 24.51 Decreased By ▼ -0.03 (-0.12%)
TRG 71.61 Decreased By ▼ -0.14 (-0.2%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
Print Print edition: 2026-06-06

Different ministries, divisions: Rs30bn TSGs approved by ECC

  • Federal Minister for Finance and Revenue Muhammad Aurangzeb chairs ECC meeting
Published June 6, 2026 Updated June 6, 2026 09:32am
Photo: X/@Financegovpk
Photo: X/@Financegovpk

ISLAMABAD: The Economic Coordination Committee (ECC) on Friday approved nearly Rs30 billion in technical supplementary grants for various ministries and divisions and cleared key energy-sector initiatives, including the continuation of Pakistan State Oil’s (PSO) syndicated running finance facility with a ceiling of Rs100 billion, as well as a revised settlement framework with Cnergyico under the Pakistan Oil Refining Policy 2023.

The ECC met here on Friday with Federal Minister for Finance and Revenue Muhammad Aurangzeb in the chair.

The ECC approved a summary submitted by the Cabinet Division for Rs. 7,026.3 million through Technical Supplementary Grant (TSG) for the Sustainable Development Goals Achievement Programme (SAP). The allocation will facilitate continuity of development projects, prevent cost escalations, and ensure the timely achievement of the programme’s objectives.

READ MORE: ECC clears Rs9.2bn TSGs

The ECC also approved a summary submitted by the Ministry of Defence for the provision of a TSG amounting to Rs. 10.15 billion for the Hangor Project of Pakistan Navy under the Rafale Aircraft and Force Development Package (RAFDP)-2030.

The Committee further approved seven summaries submitted by the Ministry of Interior and Narcotics Control.

These included Rs. 692.9 million for security arrangements undertaken during the Islamabad Peace Talks, Rs. 241 million for compensation-related expenditures arising from the suicide bomb blast at Imam Bargah Khadijah-tul-Kubra, Taralai, Islamabad, Rs. 528 million for operational requirements of the Pakistan Land Ports Authority (PLPA), Rs. 800 million for procurement of Fast Patrol Boats and associated infrastructure for Pakistan Coast Guards, Rs. 1,883.7 million for the “Expansion of Safe City, Islamabad” project, Rs. 150 million for operational requirements of the National Counter Terrorism Authority (NACTA), and Rs. 413.9 million for security charges relating to the Reko Diq Project.

The Committee appreciated the successful conduct of the Islamabad Peace Talks and commended the efforts of all stakeholders involved.

The ECC also considered a summary submitted by the Ministry of Information and Broadcasting and approved the release of Rs. 733 million in favour of Pakistan Television Corporation (PTVC) to meet salary requirements for June 2026.

The Committee further approved a summary submitted by the Ministry of Information Technology and Telecommunication for the provision of Rs. 183.5 million through TSG in favour of the Special Communication Organisation (SCO) for the installation of telecom sites and telephone towers in District Shigar, Gilgit-Baltistan.

The allocation will support improved connectivity and mobile coverage in remote areas.

The ECC also approved a TSG of Rs. 119.9 million submitted by the Ministry of Parliamentary Affairs to meet employee-related expenditures arising from revised salaries and allowances of Parliamentary Secretaries during FY 2025-26.

Copyright Business Recorder, 2026

Comments

200 characters remaining